Daily Chart
- ICICI Bank has made a double bottom near 319 levels
- Today's gap up & break of down trendline sustained looks likely near term bounce in the stock
- A positive divergence in the RSI indicating the short term bullishness in the trend
- Any dips in stock can be bought with 322 Stop loss for targets of 352 - 364
Raju V Angadi
Equity Research Analyst
To Learn simplified objective approach applying Advanced concepts of Elliot Wave Theory in conjunction with Dow Theory
& Psychological traits to trade with some common sense & optimize
your investment / trading decisions contact on:
rvangadi@googlemail.com (OR) +91 78291 55900
Note: This report is for educational purpose and the specific levels have not been mentioned.
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