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NSE:ICICIBANK Daily Trendline Break

Por vinaysraj
ICICIBANK has broken a daily trendline which extends from mid September to today. There is an slightly less steep trendline that can also be drawn shown in the chart as dotted green line which can act as support but it is unlikely. So I am staying away from longs here. Also to note is that Banknifty is weak.
ICICIBANKicicisellindianstockindianstocksSupport and ResistanceTrend AnalysisTrend Lines
vinaysraj
Ideas for educational purposes only.

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