bharti airtel is in downtrend no fresh position

Bharti Airtel Ltd. (NSE: BHARTIARTL) is currently trading around the ₹1,790–₹1,800 zone. On September 25, 2026, the stock was around ₹1,796 during the session, while its 52-week range is approximately ₹1,745–₹2,174.70. Fundamental Perspective Bharti Airtel continues to show strong operating performance. In Q1 FY27, revenue from operations increased more than 18% YoY to ₹58,539 crore, while EBITDA rose more than 19% to approximately ₹33,599 crore. EBITDA margin improved to 57.4% from 56.9% a year earlier. One of the most important indicators for Airtel is ARPU — Average Revenue Per User. In Q1 FY27, ARPU increased to ₹264, compared with ₹250 in the year-ago quarter and ₹257 in Q4 FY26. This indicates continued improvement in customer monetisation and premiumisation. The company also reported a customer base of more than 68 crore, while net debt was around ₹16,454 crore at the end of the quarter. Therefore, from a business perspective, the key factors to monitor remain ARPU growth, 5G monetisation, premium customer additions, margins, cash flows and leverage. Technical Analysis From a technical perspective, the stock is currently in a corrective phase. The latest technical data shows: Immediate Support: ₹1,777–₹1,785 Next Support: ₹1,750–₹1,765 Immediate Resistance: ₹1,818–₹1,820 Major Resistance: ₹1,840–₹1,855 20-Day SMA: around ₹1,842 50-Day SMA: around ₹1,901 RSI: around 37–39 These levels are broadly consistent across current technical-data sources. The stock closed at ₹1,795.80 on September 24, after falling 2.04% during the session. The September 18 high of ₹1,893.30 is also important because the stock subsequently corrected from that level