ICICI Bank Technical Chart Analysis Indian Stock using best buy sell trend signals indicator

ICICI Bank Technical Chart Analysis Indian StockICICI Bank Technical Chart Analysis Indian Stock

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Check out our previous ICICI Bank Technical Chart Analysis Indian Stock

ICICI Bank technical chart analysis of Indian stock indicates bullish signals if stock breaks  358.50 during trading hours updated for 05th November 2018

ICICI BANK

Stock Name Bullish Above R 1 R 2 Stop Loss
ICICI BANK 358.50 361.50 363 356.50

As per latest report on 27th October 2018, ICICI Bank reported a net profit of Rs. 909 down from Rs 2058 cr in same quarter ended September 2017. Market analyst were expecting profits around Rs. 815 cr, which is higher than market expectations.

This is first results after Chanda Kochhar stepped down as CEO on October 4 2018. Profits are due to strong domestic loan growth, lower provisions and higher fee income. Domestic loan growth at 16 per cent on-year was the fastest in eight quarters and driven by a 20 per cent growth in retail loans. Visit link to see latest free intraday trading tips for tomorrow.

Technical chart if ICICI Bank indicates that stock trading at its strong trend line support @ 256.50. (its previous bottom).

Close watch ICICI Bank can see selling pressure once stock closes and holds below its previous bottom support @ 256.50.

For today’s trading 19-07-2018, ICICI Bank can see intraday weakness once it breaks and holds below 260.75.

Target and Stop Loss for Members only.

Check out ICICI Bank technical chart below.

icici bank technical chart analysis Indian stock updated for19-07-2018

Also See : –Muthoot Finance Intraday Tips NSE  : Stock can see weakness if break and holds below 392.

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