- October 21, 2025
- 12:00 pm
- Goodluck Capital
Short term swing trade | Buy NSE: BHARTIARTL | 5-6% target | Indian stock trading idea on 21 Oct 2025
NOTE
-
Closing Price: ₹2,052 (as of Oct 20, 2025)
-
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
-
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
-
Upside Potential#: Based on median of the suggested buy range.
Bharti Airtel Limited is a leading telecom company based in New Delhi, India, offering mobile, broadband, and digital TV services across India, Africa, and South Asia. It provides 2G–5G connectivity, home broadband, enterprise solutions (cloud, IoT, cybersecurity), and DTH services. Incorporated in 1995, it was formerly known as Bharti Tele-Ventures Limited.
Website: https://www.airtel.in/
Earnings Call Summary
- Strong Quarter Results: Total revenue at ₹49,463 crores; India business revenue at ₹33,820 crores; profit margin improved to 51.4%; company repaid $1 billion debt; cash flow generation strong at ₹11,928 crores.
- Growing Customer Base: Added 1.2 million new customers; 3.9 million new smartphone users joined; postpaid (premium) customers grew by 0.7 million; 5G users reached 152 million; average revenue per user at ₹250.
- Home Broadband Booming: Added record 939,000 home internet customers in one quarter; wireless home internet (FWA) added 540,000 customers; expanding fiber network faster (now 2.5 million homes per quarter) across 2,500 cities.
- Digital Services Growing: Airtel Finance offering loans and credit cards gaining popularity; Airtel Payments Bank has 98 million monthly active users; deposits grew 29% to ₹3,750 crores; digital revenue up 27% year-on-year.
- Green & Inclusive: 64% of telecom towers now run on renewable energy; women employees increased to 19% from 11% two years ago; launched scholarship program with majority female beneficiaries; deployed 1,830 new sites.
Financial Highlights
| Metric | Q1 FY26 | Q4 FY25 | Q1 FY25 | Key Change |
|---|---|---|---|---|
| Consolidated Revenue | ₹49,463 cr | Not disclosed | Lower | Growth QoQ and YoY |
| India Revenue (ex-Indus) | ₹33,820 cr | Not disclosed | Lower | Growth QoQ and YoY |
| EBITDAAL Margin | 51.40% | ~50.75% | Lower | +65 bps QoQ |
| Operating Free Cash Flow | ₹11,928 cr | Not disclosed | Lower | Strong generation |
| Mobile ARPU | ₹ 250 | ~₹248 | Lower | Up ₹2 QoQ |
| 5G Customers | 152 million | Not disclosed | Much Lower | Significant expansion; handling 36% network traffic |
Earnings Call Summary
- Strong Quarter Results: Total revenue at ₹49,463 crores; India business revenue at ₹33,820 crores; profit margin improved to 51.4%; company repaid $1 billion debt; cash flow generation strong at ₹11,928 crores.
- Growing Customer Base: Added 1.2 million new customers; 3.9 million new smartphone users joined; postpaid (premium) customers grew by 0.7 million; 5G users reached 152 million; average revenue per user at ₹250.
- Home Broadband Booming: Added record 939,000 home internet customers in one quarter; wireless home internet (FWA) added 540,000 customers; expanding fiber network faster (now 2.5 million homes per quarter) across 2,500 cities.
- Digital Services Growing: Airtel Finance offering loans and credit cards gaining popularity; Airtel Payments Bank has 98 million monthly active users; deposits grew 29% to ₹3,750 crores; digital revenue up 27% year-on-year.
- Green & Inclusive: 64% of telecom towers now run on renewable energy; women employees increased to 19% from 11% two years ago; launched scholarship program with majority female beneficiaries; deployed 1,830 new sites.
Financial Highlights
| Metric | Q1 FY26 | Q4 FY25 | Q1 FY25 | Key Change |
|---|---|---|---|---|
| Consolidated Revenue | ₹49,463 cr | Not disclosed | Lower | Growth QoQ and YoY |
| India Revenue (ex-Indus) | ₹33,820 cr | Not disclosed | Lower | Growth QoQ and YoY |
| EBITDAAL Margin | 51.40% | ~50.75% | Lower | +65 bps QoQ |
| Operating Free Cash Flow | ₹11,928 cr | Not disclosed | Lower | Strong generation |
| Mobile ARPU | ₹ 250 | ~₹248 | Lower | Up ₹2 QoQ |
| 5G Customers | 152 million | Not disclosed | Much Lower | Significant expansion; handling 36% network traffic |
Price Performance

Volume Analysis

Price Performance

Volume Analysis

Key Observations
- The stock is in a strong uptrend, consistently forming higher highs and lows.
- After two consecutive rounding bottom breakouts, the price has reached a new all-time high.
- This bullish momentum is likely to continue, pushing the price even higher in the coming days.
Technical Image - Daily Timeframe

Key Observations
- The stock is in a strong uptrend, consistently forming higher highs and lows.
- After two consecutive rounding bottom breakouts, the price has reached a new all-time high.
- This bullish momentum is likely to continue, pushing the price even higher in the coming days.
Technical Image - Daily Timeframe

Oscillators
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 75.53 | Overbought |
| CCI-14 | 242.35 | Overbought |
| MFI | 70.61 | Neutral |
| ROC | 9.85 | Positive |
| Stochastic %K | 90.45 | Overbought |
| William %R | -2.63 | Overbought |
Exponential Moving Averages (EMAs)
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 2000 | Above |
| 10 EMA | 1974 | Above |
| 20 EMA | 1950 | Above |
| 50 EMA | 1928 | Above |
| 100 EMA | 1895 | Above |
| 200 EMA | 1810 | Above |
Oscillators
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 75.53 | Overbought |
| CCI-14 | 242.35 | Overbought |
| MFI | 70.61 | Neutral |
| ROC | 9.85 | Positive |
| Stochastic %K | 90.45 | Overbought |
| William %R | -2.63 | Overbought |
Exponential Moving Averages (EMAs)
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 2000 | Above |
| 10 EMA | 1974 | Above |
| 20 EMA | 1950 | Above |
| 50 EMA | 1928 | Above |
| 100 EMA | 1895 | Above |
| 200 EMA | 1810 | Above |
Bharti Airtel Stock Price Forecast
Based on our swing trading tips in nse and bse stocks, the Bharti Airtel Stock Price target will be INR 2120 - INR 2150 in the next 10-12 trading sessions.
Bharti Airtel Stock Price Forecast
Based on our swing trading tips in nse and bse stocks, the Bharti Airtel Stock Price target will be INR 2120 - INR 2150 in the next 10-12 trading sessions.
Analyst Summary
The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).
Your Return Could be Much Better
Increase your Profitable!
- 10—12 swing trade advice / month
- expected upside 6%—8% per trade
- short term trade holding 1-2 weeks
- minimum capital required ₹2.5 lakh
- receive trade advice before 9:00 am
- Stocks only — no intraday or F&O
Months
01
Price
₹ 6666
Months
03
20% OFF
₹ 20000
Price
₹ 15900
Months
06
35% OFF
₹ 40000
Price
₹ 25900
Months
12
50% OFF
₹ 80000
Price
₹ 39900
Months are referred as calendar months
- e.g. 12 January — 12 April (3 Months)
- 20 June — 20 December (6 Months)
Looking for more information?
Ultra Swing Trading Benefits
- Receive advices via Whatsapp
- Generally 9-10 top trading ideas in a month
- Risk-Reward ratio ranges from 1:2 to 1:4.
- Multi target based research.
- Cover stocks, largecap and midcap
- Precise Entry, Target and StopLoss.
- Precise Entry, Target and StopLoss.
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
- Ultra Swing Trading Advice
Features
- 10—12 swing trade advice / month
- expected upside 6%—8% per trade
- short term trade holding 1-2 weeks
- minimum capital required ₹2.5 lakh
Select Subscription
Months
01
Price
₹ 6666
Months
03
20% OFF
₹ 20000
Price
₹ 15900
Months
06
35% OFF
₹ 40000
Price
₹ 25900
Months
12
Price
₹ 39900
Months are referred as calendar months
- e.g. 12 January — 12 April (3 Months)
- 20 June — 20 December (6 Months)
Looking for more information?
Our FAQ section covers everything you need to know about Swing Trade Subscription
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
More Trading & Investment Advice
Looking for more information?
Our FAQ section covers everything you need to know about Swing Trade Subscription
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
