ICICI BANK LTD.

ICICI bank Selling Pressure and Consolidation

3443
Having its median around 1340 for 18th Dec , and previous closing at 1333.75 , May open higher or at the closing the next day if the Selling Pressure continues it may reach till 1314 which act as a very strong support , at weekly and monthly also , but the trend for icici may change to Bearish .

Average Volume and price decline indicates Short build up , bearish sentiments may continue if the bank nifty is in selling pressure .

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