Telecom tower provider Bharti Infratel rises as much as 4.3 pct to 343.7 rupees, highest since Jan 30.
Stock's 20-day simple moving average (SMA) crosses above its 50-day SMA on Monday, a bullish signal for the stock.
Chart pattern shows double-bottom reversal after finding support near 282 rupees twice.
Trend Intensity indicator (TI) rises to 16, indicating start of an uptrend. MACD is also positive and above its signal line.
Stock's mean price target is 364 rupees – Eikon data.
Stock down 4.05 pct this year as of Monday's close, compared with a 12.85 pct gain on the NSE index.
