ICICI Bank is looking bullish with following factors
1. RSI on weekly and Monthly time frame is above 60
2. Narrowing Bollinger Bands
3. Price above 20 SMA
4. Major support at 930-948 levels
One can look to buy with dips with SL below 930 and target 1000- 1050
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. RSI on weekly and Monthly time frame is above 60
2. Narrowing Bollinger Bands
3. Price above 20 SMA
4. Major support at 930-948 levels
One can look to buy with dips with SL below 930 and target 1000- 1050
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.