Sensex, Nifty, Share Prices LIVE: Bharti Airtel’s stock experienced a downward trend in January and February. However, analysis of the charts indicates that during March, selling pressure diminished, allowing the stock to establish a solid base around ₹1,770. Since then, it has rebounded positively.
Currently, the stock price is trading above both the 21-day and 50-day moving averages. It has recently breached a significant resistance level at ₹1,870. Market analysts anticipate that there might be a minor price correction, potentially bringing the stock down to ₹1,850 in the near term. Nevertheless, it is expected that the stock will regain bullish momentum and aim for an appreciation target of ₹2,120 in the upcoming weeks.
