ICICI Prudential L is forming a double bottom on daily time-frame, you can go long once it breaks the resistance level (Neckline) i.e 566Rs with good volume. It has also taken a retest from 200EMA of 1D time-frame. Target : 600Rs ⚠️ Place Stop-loss logically // Ignore if the stock opens gap-up. // Trade with your own risk // Trail your stop-loss once it reaches 50% of the target// Suggestion : Wait for a daily candle(or 4hr) to close-in above the resistance level.
Commentaire:
Target Achieved