ICICI BANK - 425 Till July Expiry

Updated
Reasons to go long:
1. One of the best stock in the banking sector
2. In market recovery after COVID, most likely to lead Banknifty along with HDFC
3. MACD Crossover
4. Broke pattern of lower lows since last 3 weeks
5. Even in the cross border tensions & Corona second wave fear, this is keeping higher highs in 2nd week of June.
Trade active
Entered in the hurdle zone. This week is import for the ICICI Bank rather you can say Today & Tomorrow. The management meeting is scheduled today for the fund raising.
Chart PatternsiciciICICIBANKicicibanklongTrend Analysis

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