NeeteshJain

ICICI BANK - RESULTS DAY

BSE:ICICIBANK   ICICI BANK LTD
It is been observed that the price action is overall trending in a uptrend channel with a short correction in downtrend channel highlighted in blue. Now, on the result day it may touch the resistance level at 280 levels or may go down to 260 levels to next support.

Upside: 280 (Resistance)
Downside: 260 (support)

Comments

Hi Neetesh, How it looks like now? Any comment? Should 280 work as support now?
+1 Reply
NeeteshJain dev_trader
It shall reach to next resistance levels at 288, once it breaks and closes above 290 levels then it provide a confirmation to further move up. Regards
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