Bears engulfed ICICI Bank
ICICI Bank was bullish in the last trading session and maintained itself above the 200 DMA mark. ICICI's upward move also supported BANKNIFTY from falling.
Today ICICI Bank again tripped below 200 DMA levels because of the Russia-Ukraine tussle and stress on the financial sector. ICICI Bank already broke its support levels at 715 based on Gann Square of 9. The following support levels are 713 and then 690.
Supertrend, Follow Line Indicator and Smoothed Heiken Ashi all are red in all timelines.
Today ICICI Bank again tripped below 200 DMA levels because of the Russia-Ukraine tussle and stress on the financial sector. ICICI Bank already broke its support levels at 715 based on Gann Square of 9. The following support levels are 713 and then 690.
Supertrend, Follow Line Indicator and Smoothed Heiken Ashi all are red in all timelines.
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