Bat Pattern And Major Trendline Support - ICICI Bank
The price is trading below the Bat pattern neckline which indicates the further down fall upto D point. The Major trendline and Bat pattern D point support lies at same price which acts as a Major support.
Over the past six months, ICICI Bank's stock has experienced a slight decline, with a performance of approximately -3.38%. This period has seen fluctuations in its stock price, reflecting broader market trends and specific banking sector dynamics.
The stock has faced challenges recently, with a -7.47% drop in the last month alone, indicating some volatility in the short term. Despite the recent downturn, ICICI Bank's long-term performance remains strong, with significant gains over one, three, and five years, showcasing its resilience in the banking sector.
So we will wait and start buy at this support. This is for educational purposes only.
Over the past six months, ICICI Bank's stock has experienced a slight decline, with a performance of approximately -3.38%. This period has seen fluctuations in its stock price, reflecting broader market trends and specific banking sector dynamics.
The stock has faced challenges recently, with a -7.47% drop in the last month alone, indicating some volatility in the short term. Despite the recent downturn, ICICI Bank's long-term performance remains strong, with significant gains over one, three, and five years, showcasing its resilience in the banking sector.
So we will wait and start buy at this support. This is for educational purposes only.
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