ICICI PRU HAS ACHIEVED THE TARGET 420 (POST ON 19JULY) AND IS MOVING WITH HEAVY BULLISHNESS.
THE NEXT TARGET IS PLACED AT 454 WHERE IT IS LIKELY TO ENCOUNTER A HUGE RESISTANCE.
NO NEW INVESTMENT IS PRUDENT.
IF POSSIBLE ONE MAY CONSIDER BOOKING PARTIAL PROFITS / COMPLETE EXIT AT THAT LEVEL.
Only for education and information purpose. Should not be taken as a trading call
CHART BY HARMONIC LEARNING AND EARNING
SHORT RANGE 439 TO 441 SL 463
T1 413 BOOK 75% T2 396 BOOK BOOK ALL OR USE TSL
I have marked 2 trend lines on daily chart.
It didn't break below the bottom one trend line, but it broke the level of upper on trend line with good volume that gives the breakout in the ICICI Prudential
I have marked multiple support & resistance levels on the charts those could be the possible target and stop loss levels.