Signals, Powered By EquityPandit
ICICI Bank closed the previous week on a negative note losing 5.27%.
Technically, ICICI Bank share price will see immediate support at 1,110.12 and immediate resistance would be seen at 1,171.77.
If ICICI Bank share price closes below immediate support of 1,110.12, then sharp breakdown can be seen. ICICI Bank share price will see major support at 1,078.18 for the week.
On the positive side, immediate resistance will be seen at 1,171.77. Closing above 1,171.77, ICICI Bank share price will see a sharp breakout. Major resistance for ICICI Bank share price will be seen at 1,201.48 for the week.
Trading range for ICICI Bank share price for this week should be between 1,048.47 on down side and 1,233.42 on up side.
ICICI Bank Previous Week High: 1169.55
ICICI Bank Previous Week Low: 1107.9
ICICI Bank Previous Week Range: 61.65 Points
ICICI Bank share price support and resistance for the week (May 06, 2024 – May 10, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,233.42 |
| Resistance 2 | 1,201.48 |
| Resistance 1 | 1,171.77 |
| Support 1 | 1,110.12 |
| Support 2 | 1,078.18 |
| Support 3 | 1,048.47 |
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