Bharti Airtel technical chart – Stock stuck in a range bound zone.

Bharti Airtel technical chart
bharti airtel technical chart

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Stock stuck in a range bound zone. Technical chart indicates as long as it holds in between its range trend will be mix with no clear direction. Sharp movement can be seen once stock comes out from its range bound pattern. Share price of Bharti Airtel today closed with a gain of Rs. 0.35 up by 0.08% at Rs. 417.80. Visit this link to see Bharti airtel technical chart.

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Bharti Airtel technical analysis – Stock witnessing selling from resistance @ 431.
bharti airtel technical chart

Stock showed strong bulls action once it holds above its resistance zone @ 410. Intraday stock touched an intraday high 430. Chart indicates that stock witnessed selling from resistance i.e days high. This indicates sign of weakness. Further bulls action can only be seen once it closes and holds above 430. Visit this link to see Bharti airtel technical chart. Suggested link Hindalco support resistance.

Stock yesterday (18-07-17) closed down by Rs. 0.15 (0.04%) at 408.30 at NSE. Share price of Bharti Airtel opened 430, touched an intraday high 430, and low 406.20. Total traded volume 3640766.

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Stock was on news – Bharti Airtel ends lower despite plans to consolidate Africa business. Click here to see complete report.

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Bharti Airtel support resistance – Stock finding resistance @ 410.
bharti airtel technical chart

Bharti airtel chart indicates that stock earlier closed above its trend line resistance zone as shown in above image, but stock failed to show some further bulls action and we saw some correction in Bharti Airtel.

Stock chart indicates that we can see bulls action once stock closes and holds above its recent high as shown in above technical chart. As long as stock holds below stock trend will be mix with no clear direction.

Bharti Airtel technical chart support and resistance.

Stock will be finding strong resistance around 410 and 433 and if stock falls down from current levels then will find support around 377 and 372.50.

Stock is currently trading around 401 at National stock exchange stock up by Rs. 3.90 (0.97%) as per its yesterdays closing. Stock opened 402.25, high 403.60 and low 399.10. Total traded volumes are 1023519. Stock 52 weeks high 410.15 and 52 weeks low 282.05.

Stock was on news today – As per report published on moneycontrol, Bank of America Merrill Lynch (BofAML) has maintained a buy call in Bharti Airtel with a share price target of  Rs. 436 and they are expecting that company will repay its overall debt in its India`s operations. Click to read more.