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KaustavHazra

Head and Shoulder Pattern in ICICI bank

Short
ICICI BANK (NSE:ICICIBANK)  
KaustavHazra  
NSE:ICICIBANK   ICICI BANK
Trend Analysis Chart Patterns Technical Indicators ICICIBANK shortsetup downtrend
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trendanalysis chartpattern indicator icicibank shortsetup downtrend

Today price break the trend line. As we can see price create a head and shoulder pattern. It's indicate that price will go down with in couple of days.

Indicator:
MACD divergency.

Support 1: 1042
Support 2:1032

if we can see a bearish candle create near 1042 then we can take short position target of 1032 .
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Thanks & regards,
Kaustav Hazra
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