We can buy this stock as this is currently in the lower end of the channel which has acted as a support in the past. The risk/reward ratio is at 3.07 which great.
As you can see from the chart above Banknifty is forming scattered island formation. I believe that the market will go up, and ICICI Bank has ideal formation for an uptrend.
As you can see from the chart above Banknifty is forming scattered island formation. I believe that the market will go up, and ICICI Bank has ideal formation for an uptrend.