Pearl_Kaur

ICICI Bank Ltd. - DAILY CHART!!

NSE:ICICIBANK   ICICI BANK
ICICI Bank Ltd. (18.66% weight in NIFTY BANK ) shows mini breakdown

RSI below 50, also breached below 45 (recent lows)

Below 339 may move towards 328 (61.8% fibo pullback)-310
Above 351 bullishness resumes
Future OI highest in 3 months and and 350-400 range seen decent call writing.

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Comments

344 a very strong monthly support. Also on monthly chart it is inside bar looking like NR 4. Triangle pattern gets completed again on monthly chart. Let us see what Aug brings.
Reply
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