 "Bharti acquires Loop Mobile. How to trade the stock today?")
It will also offer subscribers the widest exclusive retail reach with 220 outlets that will enable best-in-class customer service
Reacting to the development, the stock opened at Rs 307 and touched high of Rs 312 on BSE on Tuesday. A combined 1.88 million shares changed hands on the counter in intra-day deals on the BSE and NSE.
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Ranak Merchant, Technical Analyst – Strategies, Sushil Financial Services tells Puneet Wadhwa in an interview that the stock has undergone a long consolidation and any up move in the counter faces stern resistance near its 200-day EMA.
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