ICICIGI - Parallel Channel Movement
The stock has been moving in a parallel channel for quite a few months and has just touch the lower resistance line and has shown a minor bounce from that.
If the historical trend is continued, we can see levels of 1600 and 1695.
You can keep a stop loss at 1460 levels.
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If the historical trend is continued, we can see levels of 1600 and 1695.
You can keep a stop loss at 1460 levels.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
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