All Ichimoku components are getting bullish for ICICI Bank. LONG
ICICI Bank appears on verge of breakout on Daily chart above 552. There is a trendline support around 551 above which it needs to close. On Daily chart , all Ichimoku components are well aligned , with only Kijun sen still flat and within cloud.
Once it moves above 552 , Conversion line and Baseline both(Kijun) will meet target and steep rally is possible. Wait for the breakout above trendline and Kijun to come above..
Once it moves above 552 , Conversion line and Baseline both(Kijun) will meet target and steep rally is possible. Wait for the breakout above trendline and Kijun to come above..