ICICI BANKHello & welcome to this analysis
A bearish Harmonic Crab pattern has been activated in the daily time frame suggesting downside levels till 1350-1300 probable if it starts sustaining below 1390 which is a line of support as of now.
Its made a gap down today, any pullback till the gap area could witness another round of selling.
The pattern negates above 1465
Clamp
HDFCIt has activated a C Clamp which suggest a retracement till 1860 is probable, which is also a resistance in weekly/monthly time frame. The level also tallies with a retracement of the monthly bullish harmonic pattern as well as with a probable bearish pattern near it in lower time frame. Two studies suggesting indentical resistance ahead!
INFRATELBharti Infratel has activated a Bullish C Clamp as per Ichimoku. It could test 180 provided it does not breach 155