MithilDoshi
Short

ICICI BANK DOUBLE TOP

NSE:ICICIBANK   ICICI BANK
ICICI BANK has been trading in higher top higher bottom formation where prices have recently formed double top bearish pattern with negative divergence on RSI resistance has been formed near 365 levels.
Trade closed: target reached: The pattern worked and moved in lines with our expectation moving lower near 340 levels
what shd be the SL & TGT ?
Reply
MithilDoshi praveen38
@praveen38, as per the pattern the resistance is near 365 levels and pattern low support is near 350 level initial basis while break below the support would take prices further down near 340
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