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ICICI BANK formed descending triangle over a period of 59 trading days showing continuation of trend Bearish. Volume was reasonably high at breakout.
TRADE PLAN
- SYMBOL – ICICI BANK
- DIRECTION- SHORT
- ENTRY 242.5
- TARGET 214.5
- SL 270
Sir, Please comment.. @eqsis
it is a triangle, but the bottoms should be higher than the previous one, then we can consider that as strong pattern development.. i shall request to to see some other post in the same category and try few more…
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