Advanced Analysis Free Trading Signals Real Time Alerts

Icici Bank Ltd (IBN) – Indian Based Bank

Updated: 17 Aug 2021

The handle of the base which started in February formed above the 50-day line and in the top half of the pattern, which is a positive sign.

The bank reported on Saturday that operating profit rose 23% vs. a year earlier, along with the jump of 83% in after-tax profit jumped 83%, 17% in loans, and 16% in deposits.

All four moving averages point to an upward trend, and the breakout occurred on a heavy volume as the stock moved to an all-time high area.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 68 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .