nimbuz90
Long

Lifetime breakout but no significant volume??

NSE:ICICIBANK   ICICI BANK
The stock made an inverted H&S pattern over the 200 ema and had a breakout from the pattern. Also this happens to be a lifetime breakout. But it is not accompanied by high volume .

Now this happens to be a Breakout or reversal zone.
Based on today's opening, trade can be entered above 365 based on bullish signal candle.
Another lower entry zone is 353-356 with SL 340

Short term target - 380
Long term target - 400

Just my personal view and in no way a recommendation.
Thanks.
Jan 23
Trade active
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out