ICICI Bank Long Setup - Swing TradeICICI Bank has bullish engulfing setup and already 15m candle has sustained above the price - 1241.47 for more than 10 seconds.
Disclaimer: This is for educational purpose only and not any financial advice
Icici
TIME TO BUY ICICI BANK ?ICICI BANK has recently surpassed the 1250 resistance level, which also marked an all-time high for the stock. It is currently trading above this level. You can consider entering now or wait for a pullback to 1250-1255 for a potentially better entry point.
ISEC - ICICI Securities - Uptrend - Long1. Head and Shoulder Pattern
2. BoS
3. ADX - started to show the trend strength
SWING IDEA - ICICI LOMBARD GENIn this analysis, we will explore key technical indicators and chart patterns that suggest ICICI Lombard GEN may be poised for a favorable uptrend. We'll delve into the factors contributing to the positive sentiment surrounding the stock.
Reasons are listed below :
The 1410 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
Hammer candle (positive sign) on a very crucial support zone.
50EMA support on daily timeframe.
0.382 Fibonacci support.
Stock price is above 50 and 200EMA i.e the trend is intact.
Target - 1490 // 1611
StopLoss - Daily close below 1370
ICICI Bank 4H Timeframe Projection ICICI Bank 4H Timeframe Projection
Allover trend is Bullish
Expanding Flag Formed here.
Icici Ending DiagonalIcici may have completed a log ending diagonal & can fall to lower line of ending diagonal for targets of 940 & 900..
Stop loss can be kept at 1050 levels.
ICICIBANK : Bearish in upcoming days ?www.tradingview.com
ICICIBANK : The chart clearly shows non-sustainable after making its aggressive 52W High. Reversed with divergence at price as well as at RSI level on Daily time frame.
Further on chart, it is making Rising Wedge which again depicts the bearish trend. Further down, there is an opened gap between 950-960. A little down is the Point of Control of volume where most of the recent time it has spent. The Point Of Control attracts the price to its side.
If it doesn't revert from Point of Control, it can further go down at 925 level to take some breath because that is the edge of the Rising Wedge pattern. That is where there is a chance of reversal to become bullish again.
ICICIBANKICICIBANK has formed an ending diagonal suggesting a reversal in price. We are likely to see a deep correction from these levels.
ICICI Bank is Retracing and can be Shorted 26/02/2021this tikker seems to me overvalued and retracing from its ATH, as we can see there are many reasons to believe this stock is falling and will correct some of its rally and make the infrastructure for its upcoming rally.
we can see there is a Mild Bearish Divergence on MACD and Regular Bearish Divergence on MACD Histogram, which are the sign of trend reversal and retracement.
MACD and Signal lines are over crossing from top which is again an other sign of overbought and shall distribute some volume which will cause the trend reversal and surplus of supply and price correction and fall.
as we can see the price was ranging in an ascending Paralel Channel and it has already tried to break above the top boundary but could not hold the bull run and fall drastically with Big Red Bearish Candles, which is again another confirmation for the Bearish Divergence and trend correction or retracement.
there are total of 3 TP for the retracement which are having confluences with Fibonacci retracement golden Zones 38.2%,48.6% 61.8% Levels, amd past Support areas.
obviously after this retracement we should look in to the market sentiment in order to decide about the longing or rebuying it but yet there are good chances that there would come some packages from the RBI to infuse some blood to the banks wanes and pump them back up and make the new ATH where it can be 127% and 161.8% of the same fibonacci expansions.
the other scenario after the retracement can be a renge and the fall more as we can see the Cryptocurrencies are growing heavily and of course their growth is very dangerous for the centralized banking system and soon these systems are going to loos the battle to the crypos if they don't adapt a survival mechanism on time for saving some time and loses and it can be an end if the prices fall below the red accumulation zone...
please comment you opinions about this analysis
ICICI 15 min Chart prediction- trading in critical support ICICI is trading into the support (already hit 4 time on support if its is broked the downside the will go to 2% down ...so trade safely into ICICI Chart (avoid the Option Trade)
ICICIBANK Buy Idea 11 May 2023 NSE:ICICIBANK is trading in a range. As per my analysis, if any 15 min candle closed and sustained above level of 942.00, it could be best opportunity to buy with stop loss of 925.
My expected upside target will be 973.00
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Long opportunity in ICICI BANKPositional Long Opportunity in ICICIBANK.
1. Positive RSI
2. MFI Breakout
3. 200 EMA Support Level
4. Will retest psychological level of 900 before exiting the 800 range on the downside
5. Price trying to make a HUGE HEAD AND SHOULDER pattern. Currently developing the right shoulder.
ICICI Bank 4H analysisICICI Bank analysis in 4H timeframe. ICICI Bank was in nice uptrend and following the trend line. But now it looks bearish after deviation from high of 942.90 . And now market structure is also shifted to downside After breaking the trend line and orange zone. Now I would like to short it only if it it comes back for a retest of Orange zone. Just wait for some rejection from the zone and then get into the trade. Stop loss at 936 and take profits are marked in green and full take profit at 837.
Not a financial advisor. This idea is just for educational purposes only. Do your own research. #DYOR. Hit the like if you like the idea.
downside possible This banking scrip is looking week after result and there is a high possibility that it may go further down.
Intraday Setup #ICICI Bank The scrip has formed an pole and flag type pattern in 15 Min TF. Keep this in radar. on breakout we may see a good upside move.
Consolidating in a tight rangeThis major banking stock is consolidating in a tight range and there is a high possibility of moving up. keep this in radar.
icici bank demand zonesthese are some zones on basis of demand n supply analysis which may give bounce back for small swing trade altough these levels are tested once so would be broken so risk reward is important. its my study only dont trade on this basis share yours
Short ICICIFirst there was Bullish Gartley pattern that indicated an upward movement. Now the Bearish AB=CD is indicating a trend reversal and price should be around 730 in about 3 weeks.
In my opinion, a good time to short.
Stoploss point and Targets are mentioned on the chart.
If you have any questions, ask in the comments section.
Thanks.
Cup & handle near ATHPreparing for a breakout after forming a Cup & handle pattern,.
Keep this in radar
Icici bank As per chart we may accept .78 to .50 level will be tested for new high.
This high weigtage stock in nifty 50.
