Sukhani told CNBC-TV18, "Yes there is reason to take a long position in Bharti Airtel and it is not the 200 day moving average. Bharti's decline stemmed at Rs 280 which was a very strong support level. The bounce that we are seeing today is probably not short covering; it is something that could be a genuine uptrend. So today after a 7 percent rally Bharti is not a buying opportunity, but tomorrow or on Monday it should be."
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Bharti Airtel has strong support at Rs 280: Sukhani
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