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ICICI BANK

ICICI Bank Outlook for the Week (Nov 15,2021 – Nov 19,2021)

ICICIBANK Weekly Outlook and Analysis:

For the Week: (Nov 15,2021 – Nov 19,2021)

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

ICICIBank Share Price : 776.60 (NSE)

ICICIBank closed the Week on Negative note losing  0.70%

Weekly High: 793

Weekly Low: 766.10

Weekly Range: 26.90 Points

Weekly Support & Resistance For ICICI Bank:

RESISTANCE 2805
RESISTANCE 1790
SUPPORT 1763
SUPPORT 2750

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 763 levels, Minor resistance on the upside is capped around 790 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 @ 750 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 @ 805

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 805 on upside and 750 on downside.

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