ICICI bank already given breakout of weekly resistance currently at daily time frame resistance once broke out we could see next FIB level as market promising for bullishness after breakout and retrecement i feel it can be long with safe SL of retest support level.
SOURCE : Weekly Demand Destination : Weekly Supply Confirmation : Daily Trade : Daily Price has reacted to a Fresh Weekly Demand and has headed towards the Fresh Weekly Supply and we have a Price giving confirmation in Daily chart and we have a Potential Demand formed in Daily which has a good reward to risk ratio to offer. ENJOY THE RIDE ! ! !
icici Lombard is great company, gaining its market share form lic ltd. it had corrected a lot, and i have drawn the waves for the future. it will be reaching its previous trend line comtinuing padt from the corona(drawn in the chart), so it will have a impulsve wave from my analysis point of view.