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Umang Bhutada

1st Feb · SEBI-Registered Analyst

Bharti Airtel – 1D (NSE)

BHARTIARTL
Trend: After topping out, stock has corrected steadily and is now sitting near a strong horizontal support cluster. Support and Resistance Levels: Immediate Support: 1,945–1,960 Major Support: 1,915 Resistance: 2,000 Upper Resistance: 2,080–2,120 Expected Move: Stability above 1,945 can lead to a relief move toward 2,000. Breakdown below 1,915 may deepen the correction. Short Fundamentals Summary: Telecom leader with improving ARPU, strong cash generation, and sector tailwinds. Final Verdict: Critical support test. Watch for base formation.

#TechnicalViews#FundamentalViews
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