ICICI BANK TREND ANALYSIS – 25 MARCH 2019

ICICI BANK WAS TRAVELLING IN BULLISH TREND, IT GIVES THE BREAK-OUT ALSO. AFTER THAT AT THE TOP OF THE TREND BUYERS WERE LOOSING THEIR MOMENTUM BECAUSE CONTINUOUSLY TWO DAYS IT GIVES CLOSING NEAR TO ITS OPEN PRICE WITH SMALL BODY AND LONG WICKS OR SHADOWS.FINALLY THE BULLISH TREND WAS OVER AND SELLERS MADE A ENTRY IN MARKET AND CONTINUOUSLY THREE DAYS GIVE THE CLOSING NEAR TO ITS LOW AND GETS THE FORMATION OF THREE BLACK CROW CANDLESTICKS PATTERN. NOW ITS TRAVELLING ON THE LEVEL. LETS SEE THE IMPACT OF MARKET IN COMING SESSIONS.

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