ICICIBANK Trend Analysis

ICICI Bank hit a new 52W high on very strong results and has formed a base at 797 levels.
In case Bank Nifty falls, ICICIBank will break its 797 support level and cover the gap created between 22nd and 25th October.
A very good idea to buy on dips since it has beaten HDFCs results in the last couple of quarters and has started accelerating its growth in which it lagged since 2017.
Please consult your financial advisor before making any decisions.
Trend Analysis

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