Strike Analytics

ICICI Bank

5 Jun 202012:22 PM

ICICI bank stock paused above the 40dema and at 344 that should work as a good support. Wave Z ended at the double bottom and from there I am marking the rise as impulsive and wave iii up could be next. From the low of 345, iii=i goes to 454 which is also close to the 61.8% retracement of the entire fall seen this year.

icici 050620

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