Topic Statement:
ICICI Bank continues its long-term bull run, supported consistently by technical levels, but now approaches a key resistance near the 1500 mark.
Key Points:
1. The stock trades reliably within a well-defined up-trending channel, maintaining long-term bullish structure
2. Price is repeatedly supported by the 50-day EMA, acting as a dynamic floor throughout its rallies
3. It has only dipped below the 200-day EMA during rare deep corrections, like the COVID crash of 2020
4. Based on the Fibonacci levels plotted from the 2020 correction, the 423.6% extension lies near 1500 — a level already reached, where the stock may now face stiff resistance
ICICI Bank continues its long-term bull run, supported consistently by technical levels, but now approaches a key resistance near the 1500 mark.
Key Points:
1. The stock trades reliably within a well-defined up-trending channel, maintaining long-term bullish structure
2. Price is repeatedly supported by the 50-day EMA, acting as a dynamic floor throughout its rallies
3. It has only dipped below the 200-day EMA during rare deep corrections, like the COVID crash of 2020
4. Based on the Fibonacci levels plotted from the 2020 correction, the 423.6% extension lies near 1500 — a level already reached, where the stock may now face stiff resistance
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。