Monday, August 06, 2018

ICICIBANK elliottwave analysis

I had posted about ICICIBANK ,With expectation of 
rise towards 315,320.The rally has come still got potential to go more .

Lets look at the bigger picture.

Finally a bearish count lets see how this chart behaves.My expectation is this rally can 
fizzle out by 330+ .This rally is c up of expanded flat.
This count goes wrong if ICICI hits all time high. Prudent thing would be to try hit this 
stock as near possible to previous high as stoploss.Look for weakness !!!.


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