ICICI Bank – Breakout Base Formation Near Demand Zone

looks structurally stronger. Price reversed sharply from the 1350–1370 demand zone (highlighted). That zone has defended multiple times—showing institutional absorption. Price is now trading above both the short-term 10DEMA and medium-term 20DEMAs, and they are starting to curl upward, a sign of early trend reversal. Resistance: 1390 → 1410 Support: 1370 / 1350 A breakout above 1390 could trigger a smooth move toward 1420–1450. As long as price holds 1370, structure remains bullish. Bias: Bullish with a clean base + strong demand.