The price action has formed a strong bullish candle with substantial volume, signalling a bullish reversal following a correction from the top. The stock is trading above its key moving averages, reinforcing its strength in the current market conditions. Bharti Airtel LtdBharti Airtel is currently trading at ₹1,388.50 levels, reflecting strong bullish momentum. The stock recently broke out above the ₹1,360 level with substantial trading volumes, indicating robust buying interest and strength in the stock. On the downside, the stock has a strong support level near ₹1,330, which aligns closely with its 20-day Exponential Moving Average (EMA).
Source: Mint May 25, 2024 15:47 UTC