ICICI BANK (DAILY) - CUP & HANDLE BREAKOUTICICI BANK ( DAILY)
CUP & HANDLE BREAKOUT
Cup formation as on 31st Aug 2020 till 21st Oct 2020 & Handle formation as on 21st Oct 2020 till 30th Oct 2020
Awaiting handle breakout at 402 levels for a target of 425 , provided stochastic turns from oversold position
RSI = 50
9 day EMA > 21 day EMA
Volume is Average
2nd buy above 430 levels for a target of 502 levels