Joel-Jose

ICICI Bank - Good Breakout Possible

Long
Joel-Jose Updated   
NSE:ICICIBANK   ICICI BANK
Daily Chart - Price is at resistance with a wide-body candle and wide range volume . while the price is forming higher highs at the support area . Yesterday's Closing candle is called Bullish Marubozu candle (which means no upper shadows or wicks). Also, Resistance tested multiple times.
Comment:
4 Hourly - Entry 1 can be at 380 and Entry 2 can be above 392 (Strong bullish candle with strong volume must be visible to enter). Stop-loss can be at 355 ( Manage your position size accordingly). Exit can be near 410 -- 420 levels.

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