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By EquityPandit

ICICIGIMARKET OUTLOOKSTOCK OUTLOOK

Icici Lombard Outlook for the Week (August 21, 2023 – August 25, 2023)

Icici Lombard
Icici Lombard
Icici Lombard closed the previous week on a negative note losing 3.37%.

Technically, Icici Lombard share price will see immediate support at 1,311.20 and immediate resistance would be seen at 1,357.40.

If Icici Lombard share price closes below immediate support of 1,311.20, then sharp breakdown can be seen. Icici Lombard share price will see major support at 1,294.50 for the week.

1440.001440.001420.001420.001400.001400.001380.001380.001360.001360.001340.001340.001320.001320.001300.001300.00Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 1366.32SellSell

On the positive side, immediate resistance will be seen at 1,357.40. Closing above 1,357.40, Icici Lombard share price will see a sharp breakout. Major resistance for Icici Lombard share price will be seen at 1,386.90 for the week.

Trading range for Icici Lombard share price for this week should be between 1,265.00 on down side and 1,403.60 on up side.

Icici Lombard Previous Week High: 1370.2

Icici Lombard Previous Week Low: 1324

Icici Lombard Previous Week Range: 46.2 Points

Icici Lombard share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 1,403.60
Resistance 2 1,386.90
Resistance 1 1,357.40
Support 1 1,311.20
Support 2 1,294.50
Support 3 1,265.00

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