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GokulHari
Dec 7, 2020 1:35 AM

ICICIBANK | CHART#13 Long

ICICI BANKNSE

Description

ICICI Bank Ltd. engages in the provision of banking and financial services, which includes retail banking, corporate banking, and treasury operations.

*Stock Analysis*
-- Stock made a breakout at 490 levels. If it sustains then it can move up to 550 levels.
-- Good Volume confirmation
-- RSI Indicator above 50(on Daily chart) shows a buy sign
-- Once it touch 550 level there is a possibility of retracement up to 490 levels.

*Important Levels to Watch*
-- Entry 505
-- Target @ 545
-- SL @ 490

NOTE : Enter only if the scrip sustains 500 level next trading day.

Good Luck Investors❗
-GokulHari

Trade closed: target reached

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