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30 mar 2022 07:44

ICICIBANK Long

ICICI BANKNSE

Opis

ICICIBANK has broken above the swing high today and it is on the verge of closing above RK's short stop loss line, this can possibly lead to the next step of up move.
Also macd and other indicators are also suggesting same scenarios, As per wave counts, minor degree wave iii can possibly unfold at 777 and more, On the way down 694.50 level would be support to watch out for forthcoming trading sessions.


rk buy signal in daily and also close above rk SL line


macd in weekly converging


macd in daily positive


rsi in daily uptick along with double breakout


dmi adx converging towards positive



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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
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