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NeeteshJain
Nov 7, 2016 3:20 AM

ICICI BANK - RESULTS DAY  

ICICI BANK LTD.BSE

Description

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
dev_trader
Hi Neetesh, How it looks like now? Any comment? Should 280 work as support now?
NeeteshJain
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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