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ICICI BANK

ICICI Bank Outlook for the Week (May 23, 2022 – May 27, 2022)

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ICICIBANK Weekly Outlook and Analysis:

For the Week: (May 23, 2022 – May 27, 2022)

ICICI Bank Outlook for the Week (May 23, 2022 – May 27, 2022)

Check ICICI BANK Full Analysis At Unicorn Signals

BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS

ICICIBank Share Price : 709.55 (NSE)

ICICIBank closed the Week on Positive Note Gaining 4.75%

Weekly High: 717

Weekly Low: 675.75

Weekly Range: 41.25 Points

Weekly Support & Resistance For ICICI Bank:

RESISTANCE 2742
RESISTANCE 1725
SUPPORT 1683
SUPPORT 2658
ICICI Bank Outlook for the Week (May 23, 2022 – May 27, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 683 levels, Minor resistance on the upside is capped around 725 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 @ 658 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 @ 742

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 742 on upside and 658 on downside.

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