ICICI LOMBARD
Updated
Hello and welcome to this analysis
In weekly time frame a Bullish Harmonic Reciprocal has been activated which is seeing consolidation in the stock between 1100-1150.
A probable throwback towards 1300-1400 with minor resistance near 1200 could take place.
View would be invalid below 1050.
Please note this is a weekly time frame reversal hence very short term derivative trade is not advisable.
In weekly time frame a Bullish Harmonic Reciprocal has been activated which is seeing consolidation in the stock between 1100-1150.
A probable throwback towards 1300-1400 with minor resistance near 1200 could take place.
View would be invalid below 1050.
Please note this is a weekly time frame reversal hence very short term derivative trade is not advisable.
Note
Near 1st trgt, trail for 1400 now at 1225. can book part here @ 1275
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