📍 Today’s Expected Range (Intraday Approximation)
Expected High: ₹1,403–₹1,410
Expected Low: ₹1,391–₹1,385
These are approximate intraday levels. Actual prices may fluctuate slightly due to market volatility.
🔍 Key Points
Current price: ₹1,400–₹1,401, close to resistance.
If price breaks above ₹1,410 with strong volume → bullish momentum likely.
If price drops below ₹1,385 → short-term correction or pullback possible.
📊 Suggested Trading Strategy
Bullish Scenario
If ICICI Bank breaks ₹1,403–₹1,410, you can buy, targeting ₹1,420–₹1,430.
Stop-loss: ₹1,395
Bearish Scenario
If ICICI Bank drops below ₹1,385, you can sell/short, targeting ₹1,375–₹1,370.
Stop-loss: ₹1,390
Range-Bound / Sideways
If price trades between ₹1,385–₹1,403, it’s better to wait and avoid trading until a clear breakout occurs.
💡 Summary
Resistance Zone: ₹1,403–₹1,410
Support Zone: ₹1,385–₹1,391
Strategy: Trade in the direction of the breakout, and always use stop-loss to manage risk.
Expected High: ₹1,403–₹1,410
Expected Low: ₹1,391–₹1,385
These are approximate intraday levels. Actual prices may fluctuate slightly due to market volatility.
🔍 Key Points
Current price: ₹1,400–₹1,401, close to resistance.
If price breaks above ₹1,410 with strong volume → bullish momentum likely.
If price drops below ₹1,385 → short-term correction or pullback possible.
📊 Suggested Trading Strategy
Bullish Scenario
If ICICI Bank breaks ₹1,403–₹1,410, you can buy, targeting ₹1,420–₹1,430.
Stop-loss: ₹1,395
Bearish Scenario
If ICICI Bank drops below ₹1,385, you can sell/short, targeting ₹1,375–₹1,370.
Stop-loss: ₹1,390
Range-Bound / Sideways
If price trades between ₹1,385–₹1,403, it’s better to wait and avoid trading until a clear breakout occurs.
💡 Summary
Resistance Zone: ₹1,403–₹1,410
Support Zone: ₹1,385–₹1,391
Strategy: Trade in the direction of the breakout, and always use stop-loss to manage risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.