Bharti Airtel Hits Record High; Experts Recommend Buy for Rs 2,200 Target

Bharti Airtel Limited has achieved a new record high, signaling a robust bullish momentum that experts believe may continue. Technical analysis indicates that the stock is trading above key short-term and long-term moving averages, including the 5, 10, 30, 50, 100, and 200-day Daily Moving Averages (DMA). The Supertrend indicator also generated a buy signal on October 15, 2025, further supporting an upward trajectory.

While the Relative Strength Index (RSI) is at 73.8, which is in the overbought territory (typically above 70), suggesting a potential for a short-term pullback, other indicators like the daily MACD are showing bullish signals. Shivangi Sarda, Analyst at Motilal Oswal Financial Services Ltd, noted that Bharti Airtel maintains a commanding market share of approximately 82% in the Indian telecom sector and has shown significant improvements. She recommended traders buy the stock for a target of Rs 2,200 in the next 2-3 weeks, with a stop-loss set at Rs 2,060 on a closing basis. Positive rollovers from the October series into November also indicate bullish sentiment.

Impact: This news has a significant positive impact on Bharti Airtel's stock price and investor sentiment, potentially driving further gains and attracting more buyers. The strong technical outlook and expert recommendations reinforce its appeal. Impact Rating: 8/10

Difficult Terms:

Supertrend Indicator: A technical analysis tool used to identify the trend direction and potential price reversals by plotting a trailing stop-loss level. A change from red to green signals a buy, and green to red signals a sell.

Moving Averages (5, 10, 30, 50, 100, 200-DMA): Lines on a chart showing the average price over a specific number of days (e.g., 5-day DMA). Trading above these averages generally indicates bullish momentum.

Relative Strength Index (RSI): A momentum indicator measuring the speed and change of price movements, ranging from 0 to 100. Above 70 is considered overbought (potential pullback), and below 30 is oversold (potential bounce).

MACD (Moving Average Convergence Divergence): A trend-following momentum indicator that reveals the relationship between two moving averages. A bullish signal occurs when the MACD line is above its signal line and the center line.

Bullish Trajectory: A sustained upward trend in stock prices.

Positive Rollovers: In futures and options, this means traders are closing expiring contracts and opening new ones for the next expiry period, often indicating confidence in continued price increases.