ICICI Bank on the move! A strong buy opportunity spotted.There are two charts of ICICI Bank—one on the 1-hour timeframe and the other on the 4-hour timeframe.
On the 4-hour chart, ICICI Bank is trading within a well-defined parallel channel, with strong support in the 1400–1410 zone.
“On the 1-hour chart, ICICI Bank is forming a Symmetrical Triangle pattern with support near 1424. The weekly pivot level at 1423 may also act as strong support, while the monthly pivot at 1450 is acting as resistance. The pattern breakout indicates a potential target of 1465.
If this support level holds, the stock may witness higher price levels.
Thank You !!
