Bharti Airtel climbs relentlessly but risks overbought correctio

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Topic Statement:
Bharti Airtel is on a strong bull run, maintaining momentum within a defined channel, though overbought conditions hint at a potential correction risk.

Key Points:
1. The stock is moving in a bullish up-trending channel, making it ideal for channel-based trading
2. Price generally remains above the 50-day EMA, signaling continued strength
3. The stock is currently highly overbought, and a sharp correction may be on the horizon as risk builds

Penafian

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