ICICI BANK LTD - TRIANGLE PATTERN BREAKOUT - LONG
Hi Guys,
Please find our analysis on ICICI Bank Ltd !!!!
Trend was in Uptrend and Buildup was formed near the resistance zone of 679 and Pattern was braked out the triangle but resistance of 679 Sounds good.
Hence, Based on Q1 Results the script movement will be on Monday.
Go Long above 580
SL 649 ( Closes on Daily Basis)
Target 746 ( Based on FIB Extn)
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade
Please find our analysis on ICICI Bank Ltd !!!!
Trend was in Uptrend and Buildup was formed near the resistance zone of 679 and Pattern was braked out the triangle but resistance of 679 Sounds good.
Hence, Based on Q1 Results the script movement will be on Monday.
Go Long above 580
SL 649 ( Closes on Daily Basis)
Target 746 ( Based on FIB Extn)
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade
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