ICICI Is the trend reversing

From last 6 months trading within the channel and looks today reached bottom of the channel. Further will be heading towards the previous high of 282. One can wait for the momentum to reverse with a stop loss at channel bottom.
Trade active: target 1 278
target 2 284
stop loss 243
Trade active: A good move from 251 to 258. Looking for 278 soon.
Trade closed: stop reached: Sorry Friends. Stop reached.
It's showing channel breakdown as of today's close, requesting you to post your views if it will make a down move or it's false break down.
This chart looks much descriptive and easy to understand. Good Work Sir.
rrajkumar86 NeeteshJain
Thank you sir. Always learning from you experts.
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