ICICIGI - Parallel Channel Movement
The stock has been moving in a parallel channel for quite a few months and has just touch the lower resistance line and has shown a minor bounce from that.
If the historical trend is continued, we can see levels of 1600 and 1695.
You can keep a stop loss at 1460 levels.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
If the historical trend is continued, we can see levels of 1600 and 1695.
You can keep a stop loss at 1460 levels.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
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.