ICICI BANK 1D TF Analysis -2/12
Current formation - Triangular Break out
Took a support at Fib 1.618 level +bottom of parallel channel
Possibilities:
1) If it closes above 946 level, there is high possibility that it will reach all time high again
2) It can take a resistance at current level and can again take a support at bottom of parallel channel
First Target:
up - 999
down - 908
Took a support at Fib 1.618 level +bottom of parallel channel
Possibilities:
1) If it closes above 946 level, there is high possibility that it will reach all time high again
2) It can take a resistance at current level and can again take a support at bottom of parallel channel
First Target:
up - 999
down - 908
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