Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now gives his perspective on MTNL .
How does MTNL look on the charts?
Quite good. It had quite a good rally since the start of last month. Before that, it had actually hit an all time low going way below its listing price as well. So along with Reliance Communications, this has probably been the best performing telecom stock in terms of percentage gains since the beginning of June and from the chart perspective, this looks like a continuation of that momentum.
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