1. ICICI Bank is in a strong down turn on daily and lower time frames while Sideways to down on weekly while still up on monthly
2. For several days, the channel formed is being respected. However, tomorrows price move will decide if the stock will further slide down to the below support @275 or change the trend to upside on daily
My personal view is, the channel will be in tact and price may move further south.
Any comments / views?