ICICI Side Base for intraday 2nd January

ICICI is consolidate between 990-1008
Overall view of this chart:
create high near about18 December after that create a downtrend and at support area 990 it's consolidating .

If break 990 and price wait under 990 for 1-2 days then we can see a downtrend move for this stock.

If price goes up above 1008 don't create position wait for retracement . after retrace our entry will be occur.

Also we have to aware about fake breakout and breakdown.

Indicator: MACD indicate bullish divergency .( Upside move may come )

Ask me anything I am happy to help you.

To motivate us, Please like the idea If you agree with the analysis.

Thanks & regards,
Kaustav Hazra

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