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This stock moved up in the first two days of the week but reversed under the resistance at Rs 1,000 and resumed its medium-term down trend. Bharti Airtel has the immediate support at Rs 936.

A move below this level will usher in a fall to Rs 875 or Rs 828. Fresh long positions should be initiated only on a move above Rs 1,000.

The stock is in an intermediate term correction since October. This correction is making the stock move in a band between Rs 800 and Rs 1,150.

There is strong long-term support for Bharti Airtel between Rs 750 and Rs 800. Long-term investors can utilise the corrections to this zone to add to their holdings.

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