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ICICI BANK

ICICI Bank Outlook for the Week (Oct 25,2021 – Oct 29,2021)

ICICIBANK Weekly Outlook and Analysis:

For the Week: (Oct 25,2021 – Oct 29,2021)

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

ICICIBank Share Price : 759.30 (NSE)

ICICIBank closed the Week on Positive Note Gaining  4.40%

Weekly High: 765.85

Weekly Low: 732.05

Weekly Range: 33.80 Points

Weekly Support & Resistance For ICICI Bank:

RESISTANCE 2785
RESISTANCE 1772
SUPPORT 1739
SUPPORT 2719

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 739 levels, Minor resistance on the upside is capped around 772levels.

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 @ 719 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 @ 785

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 785 on upside and 719 on downside.

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