As Per Technical Analysis and OI Data ICICIBANK Looks Bearish.
ICICIBANK will face resistance Near 1005-1008 Level if its break then probably it will test 1030-1045 Level and If its break support of 988-985 then it will test 960-950 level.
i am taking hedge Position in this Stock.
August Series
Buy 1000 CE Near 21-22 and Sell ICICIBANK Future Below 987 Level Stop Loss 995, Target 975,970
Investment Required - 45000
ICICIBANK will face resistance Near 1005-1008 Level if its break then probably it will test 1030-1045 Level and If its break support of 988-985 then it will test 960-950 level.
i am taking hedge Position in this Stock.
August Series
Buy 1000 CE Near 21-22 and Sell ICICIBANK Future Below 987 Level Stop Loss 995, Target 975,970
Investment Required - 45000
Trade active:
Order Executed
Trade closed: target reached:
Both target Done