RCOM had become a great value buy below 170/- and all knowledgable circles have heavily accumulated it below 174/-, dont be surprised if one sees an upside explosion soon.Only caveat is that broader markets should at least hold.
RCOM, airtel and BSNL will survive in the long run. Other telco`s either will die or merge with market leaders.
BSNL and MTNL is possible.
Competition will be between RCOM and airtel as BSNL`s will run as usual like govt company.
Companies like idea has crashed still moving into red but RCOM and airtel managed to gain in this week.
RCOM and airtel`s at their bottom now. After q3 results they will move back to their original price.
| NIFTY 
