ICRA Limited shows strong development
within a rising trend channel in the medium
long term. Rising trends indicate that the
company experiences positive development
and that buy interest among investors is
increasing.
The price has broken the
resistance at 4591 of a rectangle pattern,
which signals a further rise. The stock has
support at rupee 4360 and resistance at rupee
5150. Positive volume balance strengthens
the stock in the short term. The stock is
overall assessed as technically positive for
the medium long term.