Technical Analysis of ICICI Bank (NYSE: IBN): 3 October 2018, Wednesday, 12.08pm Singapore Time

Technical Analysis of ICICI Bank (NYSE: IBN): 

3 October 2018, Wednesday, 12.08pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Technicals of ICICI Bank (NYSE: IBN). As per fore-warned in previous SCTR and macro-economic analyses, India will rise up with acceleration. The great rise of India will be some of the finest in Asia. It is important to note that such a powerful rise will be replicated in India banks, especially ICICI Bank. ICICI Bank is one of the top performing banks in India -- if you do an in depth fundamental analysis of ICICI Bank, you will realise that this bank will continue to perform very well. ICICI Bank (NYSE: IBN) is expected to rise to $16.00 based on cup and handle projection, representing a near +100% profits. If you intend to ride the most powerful bull of a life time of India, ICICI Bank is a must have in one's portfolio.

Donovan Norfolk Ang

India ICICI Bank (NYSE: IBN) Technicals: 9 April 2018, Monday, 11.43pm Singapore Time

India ICICI Bank (NYSE: IBN) Technicals: 

9 April 2018, Monday, 11.43pm Singapore Time

(Click on Technical Chart Above to Expand)

Attached above is the technicals for India ICICI Bank ADR listed in NYSE. 

I am highly bullish of ICICI Bank. Its long term support band in green has been successfully tested and confirmed, meaning its long term resistance at $11.20 will break up, giving a more than +50% profits. In fact, as at the time of this analysis, ICICI Bank is in the top 10 volumes in entire NYSE. On chart, this tallies with a high volume break-up of the black line trend resistance. The momentums are all going up as well. Momentum plus a high volume break up: ICICI Bank -- Bullish. 

Donovan Norfolk Ang