myTrends

Breakout Trade

Long
NSE:ICICIBANK   ICICI BANK
ICICI Bank is at the resistance of 380. Once broken it can achieve 420 - 450 levels.

The RSI is looking strong on Daily timeframe
Comment: Trend invalidated by the overall Banknifty downtrend
Comment: Taken support, goodtime to enter again

Comments

Overall Banknifty trend is negative. Hence this view is not valid anymore.
Reply
Hope it breaks. Have been holding it from 341
Reply
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