we mark Support and Resistance on the charts so you can check..
To analyze ICICI Bank on a 4-hour (4H) chart, you can focus on several technical aspects to identify key levels and potential trading opportunities. Here's a breakdown of what to look for:
1. Support and Resistance Levels
Support Levels: These are price levels where the stock tends to stop falling and might reverse upwards. On a 4-hour chart, identify previous lows or price levels where buying interest has emerged.
Resistance Levels: These are price levels where the stock tends to face selling pressure and might reverse downwards. Look for previous highs or areas where selling pressure has increased.