The Daily candles today and yesterday seem to be forming a bullish Harami pattern
- Very low stochastics on the daily chart since about 5th July
- Price action has been finding support at 127.2% extension of the drop from 15th May to 31st May. Often this is a point of reversal and it has been consolidating at this level since 28th June.
- And finally as I mentioned earlier there seems to be a bullish Harami candle pattern forming in the daily charts
So 288 is a good target with 260-270 as SL. I sold and shorted because 270 was one of my support levels and was providing resistance. So I lost about Rs2 from my long position but gained Rs3 from my short. Towards EOD I again went long at 270.1. So I think ICICI has taken a beating but it may now recover.