ICICIBANK - CYPHER PRZ Long

NSE:ICICIBANK1D

ICICI BANKNSE

Description

⋅ May 12, 2020 5:22 PM

Cypher in ICICI bank confirming the pattern formed in banknifty

Comments

vrish

⋅ May 12, 2020 5:54 PM

can yu pls explain the pattern pls

manuagarwal21

⋅ May 12, 2020 6:08 PM

@vrish, it's a bullish pattern, suggesting stock having good support at 302-305 levels and from which we can expect the stock to bounce.
This pattern can act as retracement pattern as well as a reversal pattern