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MithilDoshi
29 gen 2018 09:05

ICICI BANK DOUBLE TOP  Short

ICICI BANKNSE

Descrizione

ICICI BANK has been trading in higher top higher bottom formation where prices have recently formed double top bearish pattern with negative divergence on RSI resistance has been formed near 365 levels.

Trade chiuso: obiettivo raggiunto

The pattern worked and moved in lines with our expectation moving lower near 340 levels
Commenti
praveen38
what shd be the SL & TGT ?
MithilDoshi
@praveen38, as per the pattern the resistance is near 365 levels and pattern low support is near 350 level initial basis while break below the support would take prices further down near 340
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