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Bharti Airtel stock seen testing this key support for third time in 14 mths

Business Standard LogoBusiness Standard2w ago

Bharti Airtel stock seen testing this key support for third time in 14 mths - Business Standard

Quick Summary:

Technical outlook on Bharti Airtel: The stock is seen testing support at 20-WMA and 100-DMA; break of the same can trigger another 11 per cent dip towards the 200-DMA, suggests chart.

Having said that even as the stock trades in a slightly oversold zone, select other key momentum oscillators have turned negative, thus hinting towards a likely tepid bias going ahead.

Hence, the stock may find it challenging to hold the 20-WMA support this time around.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 13:03:00 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23425404

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 293 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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The story "Bharti Airtel stock seen testing this key support for third time in 14 mths" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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