ICICI BANK LTD.
Short

ICICI BANK; a short opportunity.

ICICI bank is below the 9 day and 21 day EMA. An EMA crossover indicates either enter or close the position. Their is a nice bearish divergence for the trend. Hence it could be a good opportunity to short on monday. It's expected that the bank is going to release the earning report today. Whatever, guys you need to check how the stock opening. If it is opens below the current resistant level where I plotted horizontal line, You can go short until it breaks the resistant with a high volume. Simple price action involved, It's not guarantee.

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