We’ve seen strong momentum in Indian markets this week, and one of the biggest talking points is telecom giant Bharti Airtel. Market strategist Sumeet Bagadia, Executive Director at Choice Broking, has recently named Bharti Airtel as his Holi Pick for 2026. That means he believes the stock is a strong buy around the ₹1,800 level, with clear upside targets at ₹2,070 and ₹2,165. 

About Bharti Airtel: India’s Telecom Champion

• Company Overview: Bharti Airtel offers mobile voice & data, broadband, enterprise solutions, and digital products to hundreds of millions in India. It also operates in Africa.
• Stock Importance: Airtel is a key stock on major indices like the Sensex and Nifty 50.
• Digital Expansion: Beyond telecom, Airtel is growing in fintech through Airtel Money and premium digital services. Diversification drives long-term value.
• Historical Performance: Airtel reached a 52-week high of ₹2,165.9, showing its upside potential during bullish markets.

Sumeet Bagadia’s Bullish Recommendation Explained

• Buy Call: Sumeet Bagadia recommends buying Airtel around ₹1,800, witha possible addition up to ₹1,850.
• Target Prices: Medium- to long-term targets are ₹2,070 and ₹2,165.
• Technical Trend: Stock shows early reversal signs after consolidation, with support near ₹1,850.
• RSI Indicator: RSI near 30 indicates oversold conditions; buyers may step in soon.
• Upside Potential: If the trend holds, Airtel could reach ₹2,070 and stretch toward ₹2,165.

Technical Trends and Price Target Rationale

• Support Levels: Stock repeatedly bounces near ₹1,850 strong support area.
• Oversold Signals: RSI indicates the stock is undervalued and may attract buyers.
• Trend Reversal: Sideways movement is ending; technical signals suggest an uptrend.
• Upside Estimate: Bagadia’s targets imply 15–20% potential gains for patient medium-term investors.

How Bharti Airtel Is Performing in the Market Today

• Trading Volume: March 2, Airtel had strong trading volumes despite the Sensex dip, outperforming some sector peers.
• Investor Interest: High liquidity suggests continued interest from institutional investors.
• Brokerage Ratings: Jefferies and JM Financial maintain ‘Buy’ ratings with targets above current levels. Growth in revenue & digital services cited.

Risks Every Investor Should Consider

• Market Volatility: Global events like geopolitical tensions or macroeconomic changes can affect the stock.
• Sector Competition: Airtel competes with Reliance Jio and Vodafone Idea, influencing pricing & market share.
• Strategic Shifts: Investments in digital & fintech services require capital; returns may take time.
• Risk Management: Many advisors suggest using stop-loss levels or phased buying to manage potential downside.

Investor Strategy: What You Can Do Now

• Phased Buying: Start near ₹1,800; consider adding toward ₹1,850 on dips.
• Set Clear Targets: First objective ₹2,070; stretch goal ₹2,165. 
• Manage Risk: If stock drops below recent support near ₹1,840, exit or tighten stop-loss.
• Strategy Goal: Balance upside potential with risk in a dynamic market.

Conclusion

Sumeet Bagadia’s recommendation has caught attention. By combining technical signals with strong support levels near ₹1,850, he makes a compelling short‑to‑medium‑term case for Bharti Airtel. However, investing should always be personal. No matter how popular a recommendation is, it should align with your risk tolerance and financial goals. Consider this view as one piece of your broader research, not the entire picture.

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Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.