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Price and trend forecast of BHARTIARTL for Tomorrow, Weekly, Monthly

Bharti Airtel Limited

Symbol: NSE:BHARTIARTL

ISIN: INE397D01024

1,425.75

As on 2024-06-13

819.00 (52W Low) 1,455.95 (52W High)

BHARTIARTL's Today's Performance

Bharti Airtel Limited started the day by opening at 1,449.00 today 2024-06-13. Its shares reached a high of 1,455.95 and dipped to a low of 1,420.45 in intraday. When the markets closed, BHARTIARTL’s stock price settled at ₹1,425.75 per share. Also check out its key support and resistance levels.

BHARTIARTL Buy/Sell Targets

Tomorrow, sell BHARTIARTL when its price reaches ₹ 1,425.75 with a stop-loss order at ₹ 1,439.56. You can set the target price as ₹ 1,411.94 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of BHARTIARTL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for BHARTIARTL

Downside Targets Value in ₹
Tomorrow Down Target 1 1,448
Tomorrow Down Target 2 1,470
Tomorrow Down Target 3 1,483

Important Levels for BHARTIARTL

Holding Levels Value in ₹
Tomorrow Up Target 1 1,412
Tomorrow Up Target 2 1,399
Tomorrow Up Target 3 1,377
Based on where the stock opens tomorrow, if BHARTIARTL opens on a positive note, our first target will be ₹1,448. If Target 1 is achieved, we will aim for Target 2 which is ₹1,470.

But if BHARTIARTL falls below the average value of ₹1,434.05, you can enter a sell side position with target number 1 - ₹1,412 and second target - ₹1,399 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of BHARTIARTL

Looking at BHARTIARTL, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, BHARTIARTL has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for BHARTIARTL is moderate bullish.

Tomorrow's Volume based share price Forecast for BHARTIARTL

BHARTIARTL's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -43%.

Reversal detection for BHARTIARTL

Predicted trend chart of BHARTIARTL tomorrow for price forecast
BHARTIARTL may trend may continue to be bearish since stock is making lower low and we can get target of ₹1436 in morning tomorrow
Target 1 tomorrow1448
Target 2 tomorrow1456
Target 3 tomorrow1470
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with BHARTIARTL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if BHARTIARTL opens on a positive note, our first target will be ₹1,447.65. If Target 1 is achieved, we will aim for Target 2 which is ₹1,469.55.

But if BHARTIARTL falls below the average value of ₹1,434.05, you can enter a sell side position with target number 1 - ₹1,412.15 and second target - ₹1,398.55

BHARTIARTL's Weekly Targets
1st Up Target 1,450.13
2nd Up Target 1,474.52
1st Down Target 1,407.18
2nd Down Target 1,388.62

As the week for BHARTIARTL ended on bullish sentiments, we can expect further continuation of this sentiment. BHARTIARTL's initial target will be 1,450.13 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 1,407.18 in the upcoming week.

Weekly OHLC Values
Open 1,421.05
High 1,455.95
Low 1,413.00
Close 1,425.75

Week for BHARTIARTL started with an open price of 1,421.05, and the close was at 1,425.75. BHARTIARTL reached the highest of 1,455.95 and dipped lowest up to 1,413.00 last week. This indicates a bullish sentiment for the week.

BHARTIARTL full month swing targets
Monthly Up Target 1 1,493.08
Monthly Up Target 2 1,517.47
Monthly Down Target 1 1,364.23
Monthly Down Target 2 1,302.72

Targets of ₹1,493.08 can be expected to be reached in the coming month. Once BHARTIARTL achieved this target, we can aim for the next upside target of ₹1,517.47.

BHARTIARTL if fails to hold upside, down targets of ₹1,364.23 and ₹1,302.72 can be achieved by end of this month.

For complete three weeks if BHARTIARTL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as BHARTIARTL

Symbol Name Industry
BHARTIARTL Bharti Airtel Limited Telecom Services
INDUSTOWER Indus Towers Limited Telecom Services
NAUKRI Info Edge (India) Limited Internet Content & Information
IDEA Vodafone Idea Limited Telecom Services
TATACOMM Tata Communications Limited Telecom Services

Summary

BHARTIARTL is expected to reach the target of 1,447.65 in tomorrow's trading session.

After achieving the initial target in BHARTIARTL, we will aim for higher targets of 1,469.55 tomorrow.

However, if BHARTIARTL starts to trade below ₹1,434.05, then we will shift our focus to the sell side and aim for down targets of 1,412.15 and 1,398.55.