The trend line support is broken but still there is a strong support around 2500, buyers are taking long poition with a stoploss below 2500, so it can go up to retest the 2600 levels. and if it fails in going upwards and breakdown the 2500 level then the stoploss will get triggered and it can fall more towards 2468.
ICICI Bank’s Rs 3,000-crore infra bonds issue adds to economic rebound buzz
India’s largest private sector lender by asset size, Friday raised Rs 3,001 crore via infrastructure bonds for the first time in four years reflecting the emerging optimism in building ports and roads in an economy that is expected to rebound steeply as vaccinations and slowing infections...
BUY when its taking support, SELL when its facing resistance. Take the stop loss if it breaks out and reverse you position, your losses will get recovered. This strategy is tried and tested and it works.