ICICI BANK - 1D TF - Parallel Channel

14 thg 9, 2020

ICICI BANK is moving in a parallel channel and has reached it's lower part, where, it has taken support in the past. 353-354 seems to be the deciding level for the stock in short term. Big Change only on moving below 337-338. It has to sustain below the mentioned levels and not just be another trap, like it happened at he top of the channel. Will it take support at the channel and bounce back or break for the downside and halt around 350s? I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.