ICICIGI - ACCUMULATION OR DISTRIBUTION?

Updated

ICICIGI formed a good trading range.

its been consolidating for 25 days now with a total volume of 10.5 Million shares.
Big players are getting it ready for a big move as they are slowly building positions in the stock.
I will watch for a breakout to the one side with above-average volume.

#Breakout levels are marked on chart
Use position sizing according to your stop loss level.

Like this idea if you find it helpful and please share it with your friends.
Keep learning,
Happy trading.

Thank you.

Trade active

After keeping it on the radar for some days it triggered today and moved 1.6%.

Comment

new reistance formed 1290 if it takes out more bullish move expected.

SANJAYPATIDAR_

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