Bharti Airtel Share Price: “Despite the recent volatility in the broader market, Bharti Airtel stock has managed to sustain its upward trend. The stock has formed a 135-day rounding bottom pattern, which was followed by a breakout,” Kapil Shah, Technical Analyst, Emkay Global Financial Services Limited and Trainer at FinLearn Academy, said.
Short-to-medium-term traders with high-risk profiles can look to accumulate the stock for a possible retest of August highs and it could well top 5000 levels in the next 3-4 months, suggest experts.
The stock is also consolidating around the breakout area of 1170. The stock hit a high of 1165 in September 2022 but it failed to hold on to the momentum. It found support above 950 levels before bouncing back.