ICICI Bank Shorting Opportunity Confirmed: Multiple Bearish Sign
The broader market has entered a bearish trend, and ICICI Bank, a less-moved stock compared to other banks, is now showing signs of catching up.
Technical Confirmations:
Entry for Short : 1245-1243 Range (Can Take 1240/1260 PUT Option Current Month Expiry and/or Next Month Expiry to avoid Volatility)
Target : Open/Mentioned.
STOP Loss : 1275/Swing High
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Technical Confirmations:
- Trendline Break
- Ascending Triangle Breakdown
- Lower Lows
Entry for Short : 1245-1243 Range (Can Take 1240/1260 PUT Option Current Month Expiry and/or Next Month Expiry to avoid Volatility)
Target : Open/Mentioned.
STOP Loss : 1275/Swing High
How do you find this analysis? Follow for more actionable trade ideas like this!
Happy Trading !!
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