ICICI Technical Chart Cups and Saucer PAttern

By | April 4, 2009

ICICI is forming Cups and Saucer and Falling Wedge Pattern Both Signalling a reversal Pattern

Further 387 is 100% Retracement from low of 314

As predicted from the pattern 385-387 is proving to be a resistance zone above which it can rally upto 396 and 414

Wait for a dip till 345-350 wiath a sl at 323 to buy this stock for a tgt of 70-387 and 414

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