Bharti Airtel may bounce to Rs 365, says Siddarth Bhamre

Siddarth Bhamre of Angel Broking is of the view that Bharti Airtel may bounce back till Rs 365.

Siddarth Bhamre of Angel Broking told CNBC-TV18, "We are seeing telecom doing well in volatile market. Idea Cellular  has done well, Bharti Airtel  is bouncing back from its support of around Rs 340-345. It has strong resistance around Rs 365, so that is where we are expecting that this bounce back would take the stock."

At 11:55 hrs Bharti Airtel was quoting at Rs 352.40, up Rs 2.15, or 0.61 percent. It has touched an intraday high of Rs 352.70 and an intraday low of Rs 348.30.

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