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Bharti Airtel eased lower last week but it is halting at the first short-term support at Rs 838. This is 38.2 retracement of the rally from the Rs 750 low. A reversal from these levels will be a sign of strength and the stock can move higher to Rs 926 or Rs 980.

But the Rs 900-level is proving to be a strong resistance in the short-term. Risk-averse investors can wait for a close above Rs 900 before making fresh purchases. Traders can buy in dips with a stop at Rs 820.

Support below Rs 820 is present at Rs 805. Fresh buys should be avoided if the stock falls below Rs 805.

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