karthikje

ICICI Bank has formed double top in weekly time frame

Short
NSE:ICICIBANK   ICICI BANK
This chart explains that ICICI Bank has broken the mid-point (support) and formed a double top pattern and got activated by breaking the support line in Weekly Time Frame

However nothing to panic as the next level of support is very near by and it is a short pattern. Unless it reverses and closes back above 950 this pattern will be valid.

If the pattern continues then the target range will be 922 - 915
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