WHY THE 2ND MOST TRACKED STOCK?
アップデート済
After a steep fall due to covid-19, ICICI bank is 2nd most tracked stock in the world right now. Of course the fundamentals ae great, so why ICICI is not able to break its 1/3rd retracement level. ICICI is given buy rating by most of the broker, why? The stock is stuck in an accumulation rectangle pattern, which is a bullish pattern after the decline. If it completes H and S pattern, this can be considered as an continual H and S because the overall sentiment is bullish. If it trades at more the 385 level then the stock is very bullish and the stock is bearish lower 333 level
ノート
Doji in daily chart says reversal/indecisive market sentiment.
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