ICICIBANK
icici bankhello!! today icici bank's result was awesome but as the market is not moving with results as hul also did a breakdown after 7% up result and all others too going opposite to the market so prediction will be a bit difficult as with the result it looks like the opening will be around 385+ or 395 and if breaks the trendline and goes up then 439 can be seen but since everyone's move is opp. to the result so it can also open or breakdown to 365. #my_view let's see what will happen.
ICICI BANK - 425 Till July ExpiryReasons to go long:
1. One of the best stock in the banking sector
2. In market recovery after COVID, most likely to lead Banknifty along with HDFC
3. MACD Crossover
4. Broke pattern of lower lows since last 3 weeks
5. Even in the cross border tensions & Corona second wave fear, this is keeping higher highs in 2nd week of June.