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Check ICICI Bank Full Analysis At Unicorn Signals
ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – Aug 04, 2023)
ICICI Bank Outlook for the Week (July 31, 2023 – Aug 04, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 996.20 (NSE)
ICICIBank closed the Week on Negative Note losing 0.08%
Weekly High: 1008.70
Weekly Low: 977.05
Weekly Range: 30.95 Points
Weekly Support & Resistance For ICICI Bank:
| RESISTANCE 2 | 1026 |
| RESISTANCE 1 | 1011 |
| SUPPORT 1 | 979 |
| SUPPORT 2 | 962 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 979 levels, Minor resistance on the upside is capped around 1011 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 @ 962 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 @ 1026
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1026 on upside and 962 on downside.
