BHARTIARTL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | BHARTIARTL | Market Cap | 10,57,969 Cr. | Current Price | 1,855 ₹ | High / Low | 2,175 ₹ |
| Stock P/E | 48.4 | Book Value | 244 ₹ | Dividend Yield | 0.86 % | ROCE | 8.18 % |
| ROE | 11.4 % | Face Value | 5.00 ₹ | DMA 50 | 1,945 ₹ | DMA 200 | 1,940 ₹ |
| Chg in FII Hold | 1.33 % | Chg in DII Hold | 0.14 % | PAT Qtr | 4,247 Cr. | PAT Prev Qtr | 4,545 Cr. |
| RSI | 41.6 | MACD | -47.1 | Volume | 65,67,460 | Avg Vol 1Wk | 1,07,90,276 |
| Low price | 1,628 ₹ | High price | 2,175 ₹ | PEG Ratio | 0.45 | Debt to equity | 1.16 |
| 52w Index | 41.6 % | Qtr Profit Var | -35.5 % | EPS | 38.1 ₹ | Industry PE | 37.3 |
📊 Chart & Trend Analysis: BHARTIARTL is trading at ₹1,855, below both its 50 DMA (₹1,945) and 200 DMA (₹1,940), indicating short-term weakness. RSI at 41.6 suggests mildly oversold conditions, while MACD at -47.1 confirms strong negative momentum. Bollinger Bands show price near the lower band, signaling pressure but potential for a technical rebound.
📈 Momentum Signals: Volume (65.6L) is lower than 1-week average (107.9L), reflecting reduced participation. RSI and MACD together highlight bearish momentum, though oversold levels may trigger a short-term bounce.
💹 Entry Zone: Strong support lies around ₹1,750–₹1,780. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹1,940–₹1,945 (DMA cluster). A breakout above ₹1,945 would confirm reversal and open upside toward ₹2,175.
🔎 Trend Status: The stock is consolidating with bearish bias. Sustained move above ₹1,940 backed by volume is required to regain bullish momentum.
Positive
- Strong EPS at ₹38.1 supports earnings visibility.
- PEG ratio of 0.45 suggests undervaluation relative to growth.
- FII holding increased (+1.33%), reflecting rising foreign investor confidence.
- Dividend yield at 0.86% adds income stability.
Limitation
- High debt-to-equity ratio (1.16) indicates leverage risk.
- Stock trading below both 50 DMA and 200 DMA shows weak technicals.
- ROCE (8.18%) and ROE (11.4%) are modest compared to peers.
Company Negative News
- Quarterly PAT declined (₹4,247 Cr vs ₹4,545 Cr), showing margin pressure.
- Quarterly profit variation (-35.5%) highlights earnings volatility.
Company Positive News
- FII holding increased significantly (+1.33%), showing strong foreign confidence.
- EPS remains robust at ₹38.1 despite profit decline.
Industry
- Telecom sector benefits from rising data demand and digital adoption.
- Industry P/E at 37.3 indicates BHARTIARTL trades at a premium (P/E 48.4).
Conclusion
⚖️ BHARTIARTL is fundamentally strong with healthy EPS and growth potential, but technically weak in the short term. Entry near ₹1,750–₹1,780 offers favorable risk-reward, while breakout above ₹1,945 is needed for bullish confirmation. Long-term investors may accumulate gradually, while traders should wait for volume-backed reversal signals.
Would you like me to extend this into a peer benchmarking overlay with Reliance Jio, Vodafone Idea, and MTNL so you can compare sector rotation strength alongside Bharti Airtel?