ICICI Prudential : 35% to 111% Upside PotentialICICI Prudential 11 Sep 2023
The stock BO of the previous TL resistance in Jul 2023 and hovering around the same zone. now the stock is showing a good price action for the past couple of weeks, & a trap was created last week with good volume
In Play : HH-HL
Summary
• Clean price behaviour with Vol
• Trading above VAH
• Next Resistance 608-610: SH
Conclusion
• CMP 576
• Test Qty can be initiated
• Add to the position if sustaining above 620-635 zone
• Higher Targets could be around
o Short Term : 675-705-725
o Mid/Long Term : 782-970-1221
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat