Signals, Powered By EquityPandit
Check ICICI BANK Full Analysis At Unicorn Signals
ICICIBANK Weekly Outlook and Analysis:
For the Week: (May 23, 2022 – May 27, 2022)
Check ICICI BANK Full Analysis At Unicorn Signals
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 709.55 (NSE)
ICICIBank closed the Week on Positive Note Gaining 4.75%
Weekly High: 717
Weekly Low: 675.75
Weekly Range: 41.25 Points
Weekly Support & Resistance For ICICI Bank:
| RESISTANCE 2 | 742 |
| RESISTANCE 1 | 725 |
| SUPPORT 1 | 683 |
| SUPPORT 2 | 658 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 683 levels, Minor resistance on the upside is capped around 725 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 @ 658 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 @ 742
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 742 on upside and 658 on downside.
