ICICIBANK--Continuation or Reversal??
this stock is trading in a channel...
keep in long side until price is in the channel....
if channel breaks and retest then look for short side....
we have resistance in the zone1040-1050..
on bottom side trendline is acting as a support...if trendline breaks and retest then look for short side continuation. we have strong support lies at 960 levels.
Drop base drop chance...so keep an eye on this before long.
keep in long side until price is in the channel....
if channel breaks and retest then look for short side....
we have resistance in the zone1040-1050..
on bottom side trendline is acting as a support...if trendline breaks and retest then look for short side continuation. we have strong support lies at 960 levels.
Drop base drop chance...so keep an eye on this before long.
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