ICICI;BANK; should end its consolidation anytime now. In my review here on 30th,January I expected PRICES to consolidate above 760, the level was held and STOCK got a counter-trend-rally till 877, this should put an upword-ceiling going forward !
the next leg lower should resume now which should carry prices till 760 and 722 in days ahead. MARCH is going to be a very intense month for entire BANKING space. Once-2023 lows are taken down we are likely to witness exelerated decline in MARKETS. Need to manage risk wisely and select stocks based on their PATTERNS. Define your expectations and stay with the primary trend !
