ICICI BANK LTD (IBN) WEAKNESS COULD DRAG PRICE TO ITS MEAN!The price of IBN is now showing weakness, all that is left is a pullback above 29 followed by rejection...
N.B!
- IBN price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
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IBN
IBN: Leaving the bull flagIBN is currently showing a bull flag with a support at $ 9.81. As the resistance line of the bull flag and the support line intersect in the next few days, an outbreak up or down is conceivable. Depending on the outcome of this constellation, a long or short position could be worthwhile.