Stock of the day : Bharti Airtel Ltd by Target Rs. 2140- Religare Broking Ltd

Bharti Airtel Ltd
Buy Bharti Airtel Ltd CMP 2012 Range 2010-2015 SL 1950 Target 2140
* BHARTIARTL continues to display a strong price structure, sustaining its steady uptrend while holding above the rising 20 WEMA.
* In recent months, the stock has been consolidating within a broader range, experiencing more of a time-wise correction.
* Encouragingly, the stock has now posted a decisive breakout from same with a notable rise in volumes. The overall setup suggests the end of consolidation phase, with prospects of imminent uptrend resumption.
* Traders may consider fresh long at the defined levels.
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