weekly chart of ICICI SECURITIES
ICICI SECURITIES on weekly chart seems to be forming Double bottom pattern or W pattern.
one can wait for neckline to break or resistance to break on weekly time frame with bullish candle.
Should be on watchlist for breakout and then can decide to take long
one can wait for neckline to break or resistance to break on weekly time frame with bullish candle.
Should be on watchlist for breakout and then can decide to take long
Note
profit booking can be seen and that's the major reason that stock has come down. As per my opinion it has potential to move up as delisting to be successful ICICI securities has to bid good price for the stock
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.