ICICI Bank - Good Breakout Possible

Daily Chart - Price is at resistance with a wide-body candle and wide range volume. while the price is forming higher highs at the support area. Yesterday's Closing candle is called Bullish Marubozu candle (which means no upper shadows or wicks). Also, Resistance tested multiple times.

Yorum:

4 Hourly - Entry 1 can be at 380 and Entry 2 can be above 392 (Strong bullish candle with strong volume must be visible to enter). Stop-loss can be at 355 ( Manage your position size accordingly). Exit can be near 410 -- 420 levels.

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