ICICI PRU LIFE INS CO LTD
Short
Updated

ICICIPRU trading idea

390
The stock has formed a downward channel in the past few days which was retested by the stock. The price is likely to move around in the same direction for the next few days.

however, there is a strong support near the 505price range. If it breaks that support, the idea will be further strengthened. If it takes support, wait for the reversal confirmation
Note
As mentioned, the stock took a support near the demand zone of 505 and reversed

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.