⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BHARTIARTL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | BHARTIARTL | Market Cap | 11,81,652 Cr. | Current Price | 1,965 ₹ | High / Low | 2,175 ₹ |
| Stock P/E | 48.9 | Book Value | 244 ₹ | Dividend Yield | 0.83 % | ROCE | 8.18 % |
| ROE | 11.4 % | Face Value | 5.00 ₹ | DMA 50 | 2,040 ₹ | DMA 200 | 1,944 ₹ |
| Chg in FII Hold | 1.33 % | Chg in DII Hold | 0.14 % | PAT Qtr | 4,545 Cr. | PAT Prev Qtr | 3,764 Cr. |
| RSI | 27.2 | MACD | -33.7 | Volume | 31,07,628 | Avg Vol 1Wk | 79,27,181 |
| Low price | 1,560 ₹ | High price | 2,175 ₹ | PEG Ratio | 0.45 | Debt to equity | 1.16 |
| 52w Index | 66.0 % | Qtr Profit Var | 80.5 % | EPS | 47.1 ₹ | Industry PE | 40.0 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected from highs (2,175 ₹) and is trading at 1,965 ₹, showing weakness near resistance levels.
- Moving Averages: Current price is below 50 DMA (2,040 ₹) but slightly above 200 DMA (1,944 ₹), indicating short-term bearishness but medium-term support.
- RSI: At 27.2, stock is oversold, suggesting potential for short-term rebound.
- MACD: Negative (-33.7), confirming bearish momentum in the short term.
- Bollinger Bands: Price near lower band, indicating oversold conditions and possible stabilization.
- Volume Trends: Current volume (31,07,628) is significantly lower than average weekly volume (79,27,181), showing weak participation and cautious sentiment.
🎯 Momentum & Trade Zones
- Short-term Momentum: Weak, with bearish signals dominating but oversold RSI may trigger a bounce.
- Support Levels: 1,944 ₹ (200 DMA), 1,900 ₹ (major support).
- Resistance Levels: 2,000 ₹ (near-term), 2,040 ₹ (50 DMA), 2,175 ₹ (recent high).
- Optimal Entry: 1,940–1,960 ₹ range if RSI stabilizes.
- Optimal Exit: 2,020–2,060 ₹ unless breakout above 2,175 ₹ is confirmed.
📊 Trend Status
Stock is reversing from recent highs with bearish short-term signals, but oversold RSI suggests possible rebound near support.
✅ Positive
- Strong EPS (47.1 ₹) supports earnings visibility.
- Quarterly PAT growth (4,545 Cr. vs 3,764 Cr.) shows strong performance.
- FII holding increased (+1.33%), reflecting foreign investor confidence.
- PEG ratio of 0.45 indicates attractive valuation relative to growth.
⚠️ Limitation
- High debt-to-equity ratio at 1.16.
- Low ROCE (8.18%) and ROE (11.4%) compared to peers.
- Dividend yield modest at 0.83% despite large market cap.
📉 Company Negative News
- Stock P/E of 48.9 is above industry average (40.0), indicating premium valuation.
- Weak technical momentum with RSI oversold and MACD negative.
📈 Company Positive News
- Quarterly profit growth (+80.5%) highlights strong earnings momentum.
- DII holding increased (+0.14%), showing domestic investor support.
🏭 Industry
- Telecom sector trading at industry P/E of 40.0, lower than Bharti Airtel’s valuation.
- Sector supported by rising data consumption and 5G rollout.
🔎 Conclusion
Bharti Airtel is technically weak with bearish short-term signals but oversold RSI suggests potential rebound near 1,940–1,960 ₹. Traders may consider cautious entry with exit around 2,020–2,060 ₹. Long-term investors should wait for breakout above 2,175 ₹ for bullish confirmation, given high debt levels and premium valuation.