As per technical view, Mahanagar Telephone Nigam Limited (MTNL) can be bought with strict stop loss of Rs 190. This is a day trading call and traders can buy it for the target of Rs 203-211.

Mahanagar Telephone Nigam Limited is a provider of fixed-line and other basic telecommunications services in Delhi and Mumbai. Its services include basic fixed-line access; public call offices , value-added telephone in global system for mobile communications  cellular services; phone plus facilities in basic fixed line such as abbreviated dialing, call transfer, hotline facility, three-party conferencing, absentee facility, calling line identity presentation (CLIP) facility, call hunting, call alert and morning alarm.

The stock of Mahanagar Telephone Nigam Limited is currently trading at a P/E of 19 and offers an earning per share of Rs 10.

On National Stock Exchange, the stock has touched 52-week of Rs 199 with a low of 122.

As the company has started aggressive marketing campaigns, the result for coming quarters may offer many new products to its customers.