BHARTIARTL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of BHARTIARTL (Bharti Airtel Ltd)

📊 Trend Overview

Current Status: Trending upward

Price Action: Trading above both 50-DMA and 200-DMA, confirming bullish momentum.

52-week Index: 80.6% — strong relative performance, near yearly highs.

📈 Moving Averages

DMA 50: ₹1,906

DMA 200: ₹1,789

Current Price: ₹1,942

✅ Price is above both moving averages, reinforcing a bullish trend. These levels now act as support.

📉 Momentum Indicators

RSI (14-day): 60.5 — Bullish zone, with room to rise before overbought territory.

MACD: +5.85 — Bullish crossover, indicating continued upward momentum.

Volume: 55.5 lakh vs 1-week avg of 44.9 lakh — Above average, confirming strong participation.

📊 Bollinger Bands

Price is near the upper band, suggesting bullish momentum but also potential short-term volatility or a pause.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,906 50-DMA, immediate support

Support 2 1,850 Previous swing low

Resistance 1 1,975 Minor resistance zone

Resistance 2 2,046 52-week high, major breakout level

Resistance 3 2,150–2,200 Medium-term target if momentum sustains

🎯 Entry & Exit Zones

Optimal Entry: ₹1,910–₹1,930 range on pullback with volume confirmation.

Exit Zone: ₹2,000–₹2,050 for short-term traders; ₹2,150+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD bullish, RSI strong, and volume surge suggest continued momentum.

Despite a sharp drop in quarterly profit, technicals remain supportive of upside.

Watch for breakout above ₹2,046 with volume confirmation to validate trend continuation.

🧭 Summary

Trend: Bullish with breakout potential

Momentum: Strong; MACD and RSI support upside

Technical Rating: 4.2 — Positive setup with short-term caution due to proximity to resistance

Would you like a comparison with peers like Reliance Jio or Vodafone Idea to assess telecom sector dynamics?

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