Stock Radar: This private sector lender in S&P BSE Sensex index trading in a rising Wedge formation; what should investors do?
- Posted on October 23, 2024
- By Business News Today
- 3 Views
Stock Radar: This private sector lender in S&P BSE Sensex index trading in a rising Wedge formation; what should investors do?
ICICI Bank sees profit booking after hitting a high in September 2024, but shows signs of bullish momentum. Short-term traders are advised to target Rs 1,300. The stock is forming a rising wedge pattern with support above the 50-DMA and RSI trending above 50, indicating potential upside.
