January 28, 2017

ICICI Bank Price Volume Increase Before quarterly results

  • First chart shows the daily time frame testing the neck line of a possible bullish pattern. Staying above 271 levels should push the stock higher towards 280 and 285 levels.
  • 2nd chart shows Price and Volume Advance. This is one of the biggest volume Days For ICICI Bank on a Bullish Day.
  • But bulls should stay above 270 - 271 to keep the up ward momentum intact. Falling below this level is negative.
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1 comment:

  1. Hi sir, is it a cup & handle pattern in first chart?

    ReplyDelete