Signals, Powered By EquityPandit
ICICIBANK Weekly Outlook and Analysis:
For the Week: (Jan 24,2022 – Jan 28,2022)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICI Bank Share Price : 804.50 (NSE)
ICICI Bank closed the Week on Negative Note Losing 1.89%
Weekly High: 836
Weekly Low: 795.40
Weekly Range: 40.60 Points
Weekly Support & Resistance For ICICI Bank:
| RESISTANCE 2 | 852 |
| RESISTANCE 1 | 828 |
| SUPPORT 1 | 787 |
| SUPPORT 2 | 770 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 787 levels, Minor resistance on the upside is capped around 828 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 @ 770 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 @ 852
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 852 on upside and 770 on downside.
