Stock Talk: Monal Desai on Bharti Airtel, HUL, Tata Motors

Monal Desai, vice president of Sunidhi Securities and Finance expects 8,350 to act as a support for Nifty. A breach of 8,350 could send the Nifty to the key 8,000 mark, he added. (Watch)

Stock talk:

Tata Motors: It has been underperforming drastically, but Rs 370-375 is a very good support. For a quick trade, Rs 405 is the first target for Tata Motors. Investors can buy the stock around these levels with a stop below Rs 370.

Bharti Airtel is the only stock in the telecom space which is in a good trading range. Rs 405-407 is a good buying opportunity. Post Rs 435 is a selling opportunity.

ITC is showing some decent strength. Rs 335 is the resistance area. I wouldn't be a buyer at Rs 325-328. But, Rs 310-315 would be a decent entry point.

HUL: Not too bullish at current levels of Rs 904-905; there is limited room for upside. Around Rs 880, I would be more comfortable to buy the stock.

BHEL is consolidating around Rs 275-280. It qualifies as a buy. The stock can witness some resistance around Rs 290-291, post which it can see a huge up move.