“ICICI Bank – Triple Tops Rejected, Demand Zone in Focus”

🔑 ICICI Bank – Key Technical Points

📌Multiple Times → Control Line acted as S/R (around 14nth Times)
price respected the Control Line – price took support & resistance near Control Line → confirms its importance.

📌 Repeated Triple Tops → Seller Pressure
Every time the stock formed a Triple Top, sellers pushed it down towards the lower value area.

🔺 1st: Oct’21 – Feb’22

🔺 2nd: Sep’22 – Dec’22

🔺 3rd: Sep’24 – Dec’24

🔺 4th: May’25 – Jul’25

📌 Current Situation
Price is trading near the Control Line → short-term bounce is possible here but Don't forget Triple top recently forming here.

📌 Demand Zone (Near 1350 or Lower Vale area)
The strongest buying opportunity lies in this zone at 1350 – historically a key demand area offers the best risk–reward setup.

No indicator, no oscillator, No Moving Average, No Fundamental factor included: - Theory is just based on Price action breakdown.