ICICI Prudential : 35% to 111% Upside Potential

11 sept 2023

ICICI Prudential 11 Sep 2023

The stock BO of the previous TL resistance in Jul 2023 and hovering around the same zone. now the stock is showing a good price action for the past couple of weeks, & a trap was created last week with good volume

In Play : HH-HL
Summary
• Clean price behaviour with Vol
• Trading above VAH
• Next Resistance 608-610: SH
Conclusion
• CMP 576
• Test Qty can be initiated
• Add to the position if sustaining above 620-635 zone
• Higher Targets could be around
o Short Term : 675-705-725
o Mid/Long Term : 782-970-1221

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat