ICICI Bank Limited
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Ascending triangle in ICICI Bank

188
Ascending triangle & double top breakdown and resistance .

what is Ascending triangle?

An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.


will it retest the support ?? if yes. then we can enter when it fails to break.
entry level is 721, 720 or 719

stop lose is 716 or 715
below 712 it does not look good

max target 740rs according to ascending triangle

735 is the best target according to me.

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