ICICIBANK heading to 610 nowIn continuation to my view published on 01-DEC
As we have now breached 06DEC low 707.5 we are now in a incomplete bearish sequence by making Lower High and Lower Lows. This sequence started as a corrective wave after completing Cycle which started from MAr-20 and made high on 25-oct @ 687. and than started its corrective move which completed its 1st leg on 06DEc @ 607.5 and made a connector to form B in RED on 13DEc @ 769.7 and now is heading to complete its 3rd leg to complete the corrective cycle.
This leg we can expect to reach upto 610 level now which will be our Entry Level for a next UPSIDE move.