The resistance zone has been quite strong for icici bank, can possibly act as support now after breaking out.
If the formation of double bottom is completed and it breaks the trendline, high probability of reversal.
The levels of 630-635 are being defended by the buyers.
It is a confluence of multiple supports coming in.
The breakout if happens should nullify the formation of lower highs and lower lows.
Keep a close watch.
ICICIBANK
If the formation of double bottom is completed and it breaks the trendline, high probability of reversal.
The levels of 630-635 are being defended by the buyers.
It is a confluence of multiple supports coming in.
The breakout if happens should nullify the formation of lower highs and lower lows.
Keep a close watch.
ICICIBANK
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。