“On the long side, AB Capital is something that we like. We feel that the stock is ready to retest its December highs and one can buy with a target price of Rs 160 in mind. Rs 142 can be the stop loss for long positions. On the shorting side, we like Bharti Airtel. A fresh breakdown is on the cards. Once it breaches the Rs 760 mark, go short on Bharti Airtel with a very small stop loss of Rs 780.”
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