Bharti Airtel, Chalet Hotels, Redington: Axis Securities Picks 3 Stocks; Check Targets Axis Securities said that Bharti Airtel broke out of the symmetrical triangle pattern on the weekly chart in early February 2025, backed by a strong bullish candle confirming the continuation.
Bharti Airtel, Chalet Hotels, Redington: Axis Securities Picks 3 Stocks; Check Targets
In the ever-evolving world of stock trading, it’s essential to stay informed about market movements and expert recommendations. Recently, Axis Securities has highlighted three stocks that are poised for potential growth: Bharti Airtel, Chalet Hotels, and Redington. Let’s dive into what makes these stocks worthy of your attention.
1. Bharti Airtel: A Bullish Breakout
Bharti Airtel has shown remarkable performance, breaking out of a symmetrical triangle pattern on the weekly chart in early February 2025. This breakout was confirmed by a strong bullish candle, signaling a continuation of its upward trend. With the telecom sector witnessing increased demand and Bharti Airtel’s robust customer base, analysts are optimistic about its future. The target price set by Axis Securities for Bharti Airtel stands at an impressive ₹900.
2. Chalet Hotels: Hospitality on the Rise
Chalet Hotels is another stock making waves in the market. As the hospitality sector rebounds post-pandemic, Chalet Hotels is strategically positioned to capitalize on the growing travel demand. The company’s focus on premium properties and customer experience is paying off. Axis Securities sees a target of ₹600 for Chalet Hotels, making it a compelling option for investors looking to tap into the recovery of the hospitality industry.
3. Redington: A Tech Player to Watch
Redington has been gaining traction as a key player in the technology distribution space. With the increasing reliance on technology across sectors, Redington is well-placed to benefit from this trend. Analysts at Axis Securities have set a target price of ₹200 for Redington, highlighting its potential for growth in a tech-driven market.
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