Above Rs 770, Bharti Airtel can touch Rs 850: M Thacker
April 24th, 2009
Mitesh Thacker, Technical Analyst of miteshthacker.com is of the view that above Rs 770, Bharti Airtel can touch Rs 850.
Thacker told CNBC-TV18, “All these stocks now have been lagging behind in terms of participating the upmove in the market. I think Bharti has been slightly underperforming the markets and now for last couple of days we are seeing good activity happening on the counter. There is some supply in Bharti Airtel at price levels of around Rs 760-770 and once this stock manages to close above that, we are looking at a good target of around more than Rs 850 probably even higher.”