Buy Bharti Airtel on every decline:

Under: Bharti Airtel, Ambareesh Baliga, Karvy Stock Broking, Bharti Airtel Buy call, Buzzing Stock, stock prices, Bharti Airtel stock advice, Recommendation, Recommended price, Bharti Airtel Target, Target Price

Ambareesh Baliga of Karvy Stock Broking is of the view that buy Bharti Airtel on every decline and exit the stock around Rs 335-340.

Baliga told CNBC-TV18, "Bharti Airtel at higher levels and we were looking at levels around Rs 310-311 to re-enter Bharti and we got that opportunity yesterday. So at every lower levels we are getting into the telecom stocks especially Bharti. In case of a short-term rally again if Bharti goes up to levels of Rs 335-340, which I do not expect it to go to at least in the near future but in case it goes to those level we will exit although we have short-term targets still of around Rs 420-440 over the next 12-14 months.”