SITTING ON BULL

ICICI prudential gives a very bullish breakout on many parameters, it breaks a furious horizontal resistance trendline and closed above on that also it breaks a major resistance on relative strength indicator which seems a major resistance was on that. The volumes are indicating muvh bullishness in this stock is coming in coming sessions.

CAUSE OF LONG-:

1-Horizontal resistance trendline breakout.

2- Relative strength indicator breakout.

3- Volume breakout.

4- Combo of breakouts.
Beyond Technical AnalysisbreakoutBullish PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer