ICICI Bank - Technical Learning

ICICI Bank - Technical Learning

1) Chart attached in media 2) This is weekly chart 3) SMA 50 on weekly chart is represented by blue line 4) Stock mostly takes support in bad times around these levels 5) Risk reward is very positive near SMA 50 6) It can be as good as 1:4 7) So SMA 50 is very powerful support on weekly chart 8) This is all for learning. 9) This is not a buy/sell call. Thank you, Technofunda24