icici bank
When a stock takes resistance at the same level multiple times, it could indicate the existence of a strong resistance level that may be difficult for the stock to break through. In the case of ICICI Bank, taking resistance at the same level six times is a noteworthy observation, as it suggests that there is a significant selling pressure at that particular level.
Traders and investors may interpret this as a sign that the stock may struggle to break through that level in the future, unless there is a significant shift in market sentiment or a major news event that impacts the stock's price.
Traders and investors may interpret this as a sign that the stock may struggle to break through that level in the future, unless there is a significant shift in market sentiment or a major news event that impacts the stock's price.
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