
Morning Trend | ICICI Bank declines on reduced volume, holding key support waiting for an explosion?

ICICI Bank (IBN.US) has recently continued to decline with decreasing volume, and market sentiment is quite cautious. On December 30th, the stock opened low and fluctuated throughout the day, with some local funds testing for a rebound but without follow-up volume, while short sellers continued to test the lower support. The enthusiasm for buying in the community has noticeably waned, and most investors have chosen to wait and see if financial leaders will step in. The global macro environment has been changing frequently recently, with foreign capital flowing out of emerging markets in phases, putting heavy pressure on local financial sectors, and ICICI Bank has not been able to remain unaffected. On the chart, the lower Bollinger Band is being tested repeatedly, and the main force remains inactive. "Will it hold the key technical level and explode, or continue to decline?" has become a high-frequency topic in the community. As long as there is a sudden positive development or unusual movement from the main force in the next few trading days, the probability of a short-term rebound is very high. High-risk preference funds currently have very light positions, with core focus on whether a volume signal appears. Once the market starts, FOMO sentiment may spread rapidly. The strategy suggests patiently waiting for volume changes, and if trying to enter positions early, set stop-loss levels. If the key lower support is lost, the risk of a short-term pullback cannot be underestimated. Sector linkage and policy dynamics are worth closely monitoring, as explosive opportunities will not wait too long
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