Bharti Airtel shares give trendline breakout, may eye Rs 1,740 target

Bharti Airtel shares reached a new high of Rs 1,779 in September 2024, after which the stock started to decline, making lower highs and lower lows. The stock corrected by 15% from its peak and briefly fell below its 200-day exponential moving average (DEMA) during October and November, a period when the decline was in line with broader market trends.