HUL, ICICI Bank, Bharti Airtel: Trading strategies for result-driven stocks

Only a strong close above Rs 327 holds a key in Bharti Airtel, ICICI Bank holding 20 SMA strongly, Hindustan Unilever has a Falling channel, Britannia Industries trading in oversold territory.

Bharti Airtel Ltd (BHARTIARTL): The weekly chart suggests that the stock is hovering around 200 DMA located at Rs 327. A strong close above the same may lead to a next level of upside towards Rs 350 and Rs 360. From a medium-term perspective, there is trend line support of Rs 270 and Rs 290. The immediate support is at Rs 305. The overall trend remains bullish, as the stock has broken out of a positive consolidation. CLICK HERE FOR DETAILED CHART VIEW
 

ICICI Bank Ltd (ICICBANK): When the Bollinger Band widens, volatility seems