ICICI BANK LTD.
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Head & Shoulders in ICICIBANK

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ICICIBANK stock is forming head and shoulders pattern on the 15 minutes time frame. This is coming after a broadening formation which is also a bearish pattern.

That's two bearish patterns back to back. Bearish trade can be initiated upon breakdown of the H&S trendline. Measured move target: 850.
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Chart PatternsheadandhsouldersheadandshouldersformationICICIBANKicicibankshorticicibankviewTrend Analysis

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