ICICI BANK REVIEW -STOCK HAS A VERY CRUCIAL SUPPORT LEVEL OF 340 -TODAY MARKET REVERSED FROM A LOW OF 343 -A BREAK BELOW 340 WILL ALLOW ICICI TO TEST 324 ON THE DOWNSIDE -BUT SINCE THE PATTERN IS VALID WE CAN SEE A NEW UPMOVE AGAIN FROM HERE -INITAL TARGET BEING 375 -ICICI CAN ENTER INTO A GOOD BULLISH MOMENTUM ABOVE 395 -WHERE THE 200-EMA IS PLACED FOR NOW AND WHICH WILL FALL FURTHER
POSITIONAL VIEW OF ICICI BANK IN AUGUST MONTH BUY@350-345 STOP@335 TARGET@375 ONCE TARGET IS ACHIEVED WE WILL REVISE FURTHER
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please note it is a ascending channel not triangle