ICICI bank is in a ttm squeeze and also forming bullish ascending triangle.
Note
As I described earlier, It's formed a Bullish ascending triangle. It completed the triangle and at the end of the triangle, it broke the resistance level and made a new high.Trade closed: target reached
Target achieved at 685. Started retracing from 685, so closed position.Trade active
Opened a new position at 687 on July 29.Trade closed: target reached
Closed the trade when it reached to 706 on August 4.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.