ICICI bank is following a parallel channel. Today It took support exactly at the lower channel on the hourly chart. So I think we should go long with ICICI bank.
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1. The trend lines have been drawn on the basis of previous days reversal levels of the stock along with other market data/indicators.
2. The trend lines are valid for intraday trade on March 02,2020.
3. Performance report of the chart will be shared after market trading hours, depicting any buy or sell signal, if any, generated during trading hours and its...
The trend lines have been drawn on the basis of previous day reversal levels of the stock along with other market data/indicators. The trend lines are valid for intraday trade on 28/02/2020.
Disclaimer: The chart is posted for educational learning only.
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Today is Saturday, 16th November 2019
I think ICICI bank has topped in a medium term. There are many things aligning up and all say that ICICIBANK's top is in.
The RSI has resistance, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.