EquityPandits Outlook for ICICI Bank for the week( June 29, 2020– July 03, 2020).
Week Range:41.5 Points.
Week Low: 338.50.
Stock closed the week on negative note losing 4%.
ICICI Bank Ltd
. Technically on the daily charts EquityPandits Analyst see: Minor support on the drawback lies at 336 levels, Minor resistance on the upside is topped around at 369 levels.
Stock is trading below 200 days exponential moving average, suggests long term pattern is bearish. EquityPandits Predicts Range for the week as 380.60 on upside and 324 on drawback
If stock breaches minor support on the downside and closes listed below it we might see fresh break down and stock can drag to- wards Major Support on lower side @ 324 and If stock breaches minor resistance on the advantage and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 380.60.
icici bankICICI Bank OutlookICICI Bank Stock Movement.
WEEKLY PIVOT LEVELS:.