Hi guys,
A short sell setup for ICICIBANK 50 % fib line is showing a bit resistance in current position. It is highly likely it comes back and retest 38% fib, if it doesn't hold, dropping to 38% is a considerable possibility. Closely watch the support and resistance points and you call the shots.
Regards
Bibin
A short sell setup for ICICIBANK 50 % fib line is showing a bit resistance in current position. It is highly likely it comes back and retest 38% fib, if it doesn't hold, dropping to 38% is a considerable possibility. Closely watch the support and resistance points and you call the shots.
Regards
Bibin
Comment:
Primary target was achieved and now wait for the next rejection.