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karthikje
Sep 28, 2023 5:44 PM

ICICI Bank has formed double top in weekly time frame Short

ICICI BANKNSE

Description

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
Comments
rami2rome
thanks for info
can you explain more on today's weekly chart it has sustained above 945
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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