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

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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Category: BusinessFinance

Markets: India

Topics: Bharti Airtel news Bharti Airtel stock price Bharti Airtel share price Stock technical analysis Bharti airtel chart Bharti airtel outlook Bharti Airtel Bharti Airtel trading strategy Bharti Airtel technical charts

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 13:03:00 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 451 words

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Copyright Owner: © Business Standard

News ID: 23425404

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