ICICI BANK IS TRADING IN A BULLISH ASCENDING TRIANGLE
ICICI BANK REVIEW
-STOCK HAS A VERY CRUCIAL SUPPORT LEVEL OF 340
-TODAY MARKET REVERSED FROM A LOW OF 343
-A BREAK BELOW 340 WILL ALLOW ICICI TO TEST 324 ON THE DOWNSIDE
-BUT SINCE THE PATTERN IS VALID WE CAN SEE A NEW UPMOVE AGAIN FROM HERE
-INITAL TARGET BEING 375
-ICICI CAN ENTER INTO A GOOD BULLISH MOMENTUM ABOVE 395
-WHERE THE 200-EMA IS PLACED FOR NOW AND WHICH WILL FALL FURTHER
POSITIONAL VIEW OF ICICI BANK IN AUGUST MONTH
BUY@350-345
STOP@335
TARGET@375
ONCE TARGET IS ACHIEVED WE WILL REVISE FURTHER
-STOCK HAS A VERY CRUCIAL SUPPORT LEVEL OF 340
-TODAY MARKET REVERSED FROM A LOW OF 343
-A BREAK BELOW 340 WILL ALLOW ICICI TO TEST 324 ON THE DOWNSIDE
-BUT SINCE THE PATTERN IS VALID WE CAN SEE A NEW UPMOVE AGAIN FROM HERE
-INITAL TARGET BEING 375
-ICICI CAN ENTER INTO A GOOD BULLISH MOMENTUM ABOVE 395
-WHERE THE 200-EMA IS PLACED FOR NOW AND WHICH WILL FALL FURTHER
POSITIONAL VIEW OF ICICI BANK IN AUGUST MONTH
BUY@350-345
STOP@335
TARGET@375
ONCE TARGET IS ACHIEVED WE WILL REVISE FURTHER
Transaction en cours
please note it is a ascending channel not triangle
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.