koolshanin

ICICIBANK Trendline reversal with Evening star

Short
NSE:ICICIBANK   ICICI BANK
ICICIBANK which was moving inside the channel in Daily chart. Tried for the breakout of the trendline and failed with a Powerful evening star reversal.

Entry 278
SL 292
Target 1 269
Target 2 258
Reward min 9
Reward max 20
risk 14
ROR1 0.6
ROR2 1.4

Though current entry is not rewarding can be shorted on a pullback if your a risk reward lover.



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