Stock Tip of the Day

As expected markets could not break the upper barrier of 4800 and the profit booking has already started. Markets will remain range bound (4600-4800) for few more days or weeks and then we will probably see the decisive downward move towards 4400 to 4200. Although we do not suggest any buying in this market, Bharti Airtel looks a good pick at Rs. 329. Traders can look to make some profit in this stock with a target of Rs. 343 and a stop loss of Rs. 322.