It sounds like ICICI Bank might be at a key technical support level, often referred to as a "channel support" in chart analysis. If a stock is trading within a price channel, the lower trendline represents support, meaning it could be a point where buying interest comes in, preventing the stock from declining further.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.