ICICI BANK LTD.
Long

ICICIBANK trading near the breakout level

228
CMP: 869

- Closed above key 21 and 50 EMA

- 30 Jan week had the highest volume in a year

- Still trading inside the Budget day candle

- 877 is the 50% Fibo level of the recent fall

- I expect it to gain momentum above 879-880

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.