Bharti Airtel's Resilience Amid Market Volatility
Bharti Airtel stays resilient in a volatile market, driven by exceptional profit growth.
Key points:
1. Company reported a stellar 461% QoQ profit growth for Q3, boosted by a one-time consolidation from Indus Towers.
2. Price has found heavy support at the 38.2% retracement level and faces strong resistance at the 23.6% level.
3. The stock may climb to 1778 to fill the gap and form a double top, creating a shorting opportunity.
Key points:
1. Company reported a stellar 461% QoQ profit growth for Q3, boosted by a one-time consolidation from Indus Towers.
2. Price has found heavy support at the 38.2% retracement level and faces strong resistance at the 23.6% level.
3. The stock may climb to 1778 to fill the gap and form a double top, creating a shorting opportunity.
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