The telecom space is abuzz with excitement as Bharti Airtel Ltd has bounced back after taking support above the 50-DMA on the daily charts, presenting a lucrative buying opportunity for short-term traders. With the stock poised to rally, experts suggest a possible target above 2,200 levels in the next 1-2 months.
Market Performance
The Bharti Airtel stock, a key component of the BSE Sensex index, hit a high of Rs 2,174 on November 21, 2025, but failed to sustain the momentum, closing at Rs 2,108 on December 17, 2025. Despite this, the stock has witnessed mild profit booking, indicating a potential upside.
Investment Opportunity
For short-term traders, this presents an attractive buying opportunity. With the stock expected to rally, investors can look forward to a possible 5% increase in the next 1-2 months. The key levels to watch out for are the 50-DMA and the target price of above 2,200 levels.
Key Points to Consider
- The stock has taken support above the 50-DMA on the daily charts.
- Short-term traders can look to buy the stock for a possible target above 2,200 levels.
- The stock is part of the BSE Sensex index and has witnessed mild profit booking.
Remember, this is a perspective, not a prediction. It's essential to do your own research and consider your risk tolerance before making any investment decisions. The telecom space is highly competitive, and market trends can change rapidly. However, with the right investment strategy, you can navigate the stock market and make informed decisions to achieve your financial goals.