ICICI Side Base for intraday 2nd January

ICICI is consolidate between 990-1008
Overall view of this chart:
create high near about18 December after that create a downtrend and at support area 990 it's consolidating .

If break 990 and price wait under 990 for 1-2 days then we can see a downtrend move for this stock.

If price goes up above 1008 don't create position wait for retracement . after retrace our entry will be occur.

Also we have to aware about fake breakout and breakdown.

Indicator: MACD indicate bullish divergency .( Upside move may come )