Bharti Airtel Share Technical Analysis
Bharti Airtel Share Status
Bharti Airtel share price chart looks good. Currently Bharti Airtel Share is trading above 800 level.
Bharti Airtel chart analysis:
From a long time bharti airtel share was trading in a range, around 640 there was a strong demand zone and share takes support around that level and bounce back from there.
Similarly 750-780 level was a strong supply zone and every time stock was taking a resistance from there.
Bharti Airtel Share Price Target:
After one year moving in range bound now bharti airtel share has broken the resistance level and now trading above the 800 level.
First Target for Bharti airtel Share is – 880
Second Target for Bharti Airtel Share is – 960
Near Support level would be below 750
Bharti Airtel share latest news :
Airtel Becomes First Company To Launch 5G Services In India
- They started Airtel 5G in 8 Cities from 1 Oct 2022.
- Delhi, Mumbai, Varanasi, and Bangalore are some of them.
- Airtel plans to launch 5G in several cities by March 2023 and all over India by 2024
Bharti Airtel Share recommendation:
YouTube Videos for Bharti Airtel Share
Bharti Airtel share for long term:
Bharti Airtel and Reliance Jio both are the leader in telecom sector, and both have strong consumer base. Also fundamentally Bharti Airtel is a good company, Recently they are expanding their 5G service in different cities. So in coming days bharti airtel share should outperform. So our recommendation is to keep this stock in portfolio.
Disclaimer: These targets are given by our own analysis, before buying or investing in this share please take advice from your financial advisor.
Nirmal is a NISM Certified Derivative Trader & the Founder of InvestandEarn.net (Financial Blog). He entered the world of Equity research to explore his interests in financial markets having 5+ Years of Experience in Share Market Trading & Investing. Nirmal frequently writes about Share Market Trading & Investment and publishes his personal view on the market. Drop him a mail at email@example.com.