ICICI bank is in a ttm squeeze and also forming bullish ascending triangle.
Comment:
As I described earlier, It's formed a Bullish ascending triangle. It completed the triangle and at the end of the triangle, it broke the resistance level and made a new high.
Trade closed: target reached:
Target achieved at 685. Started retracing from 685, so closed position.
Trade active:
Opened a new position at 687 on July 29.
Trade closed: target reached:
Closed the trade when it reached to 706 on August 4.