Signals, Powered By EquityPandit
ICICIBANK Weekly Outlook and Analysis:
For the Week: (July 19, 2021 – July 23, 2021)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 660.30(NSE)
ICICIBank closed the Week on Positive Note Gaining 3.41%
Weekly High: 669.60
Weekly Low: 642.40
Weekly Range: 27.20 Points
Weekly Support & Resistance For ICICI Bank:
| RESISTANCE 2 | 685 |
| RESISTANCE 1 | 672 |
| SUPPORT 1 | 644 |
| SUPPORT 2 | 630 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 644 levels, Minor resistance on the upside is capped around 672 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 630 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 685
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 685 on upside and 630 on downside.
