Possible Cup and handle Breakout in ICICI Sec
Stock has given breakout from its cup and handle pattern with good volume in Daily time frame.
If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557.
All the possible targets are marked on the chart. Maintain strict stop loss at 490.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
ISEC
If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557.
All the possible targets are marked on the chart. Maintain strict stop loss at 490.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
ISEC
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.