ICICIBANK
ICICI Bank turning Bullish - Expecting Target of 530--550ICICI turned super bullish from this point as RSI taking support at 60.00.
Bullish Harami Candle forming on daily chart, break and sustain above 480.00 will take it to 520 and then to 530--550
We can enter ICICI Bank with Bull Call Spread.
Bull Call Spread on ICICI Bank
+1x 31DEC2020 480CE - ₹ 23.65
-1x 31DEC2020 530CE - ₹ 7.25
Max. Profit - ₹ +46,200
Max. Loss - ₹ -22,550
Max. RR Ratio - 1:2.00
Breakeven - 497.00
Estimated Margin/Premium - ₹23,000-- ₹25,000
ICICI Bank: Key Support and Resistance LevelICICI Bank is in strong uptrend and my personal view on ICICI Bank is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.
That's why you need to know from where ICICI Bank might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.
Happy Trading!
ICICIBANK: Accurate Elliot Wave AnalysisThe impulsive move up is complete, now i expect a corrective structure downward or an impulsive structure downwards. The good thing is both forecast are pointing south.
ICICIBANK - Bull Flag formation- Intraday/Short Term TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Don't chase the price.
Always plan your trade & trade your plan
Check the idea of ICICIBANK Bull Flag Pattern Breakout on Daily TF linked below.
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
HEAD & SHOULDERS + ELLIOT CORRECTION WAVE IN ICICI BANK POSSIBLE SHORTING OPPORTUNITY IN ICICI BANK WITH THE ABOVE STATED PATTERNS.
NOTE : POSSIBLE NOT GUARANTEED*
ALTHOUGH I AM ALREADY LONG IN ICICI BANK, IN CASE THE BULLS LOSSES THE BATTLE, I KNOW BY HOW MUCH IT GONNA MAKE A POSSIBILE DIP SO I AM CALM AT THE MOMENT :D
ICICI Bank option strategyOne can go long or short above/below levels shown...tgt can be either of support / resistance lines
ICICI PRU LIFE LONG TERM TARGET ICICI PRU LIFE LONG TERM TARGET GIVEN IN CHART TAKE ENTRY WHEN CLOSE ABOVE ENTRY POINT 2 TARGETS ARE GIVEN WHICH IS EASILY ACHIEVABLE .
ICICIBANK - Ascending Triangle (Intraday/Very Short Term)This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price. If prices gives big breakout/breakdown, dont rush in trade.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
ICICI Bank-Time to shortPrice coming up against trendline. So A short position could be initiated in this counter.
SL @ 432 Target 372
Buy ICICI BankTargets 416/420
Main Stop Loss at 397
*Disclaimer : I just shared my view. Please trade with your comfortable and own ideas.
ICICIBANK - IntradayThis analysis is purely based on Price Action.
Target may reach in intraday trade
Trade Strategies are shared in image itself with proper Entry level, SL and Target level
*Trade on your own risk and money management*
ALWAYS PLAN YOUR TRADE & TRADE YOUR PLAN
Feel Free to comment for any queries or suggestions
BUY ICICI BANK-BULLISH CROSSOVER IN MACD
-RSI GAINING MOMENTUM
-GOOD VOLUMES
-GOVT IS TAKING MORATORIUM INTEREST BURDEN UPON IT. GOOD NEWS FOR BANKS
BUY IF SUSTAIN ABOVE : 370
TARGET : 420
STOP LOSS : 365
**These are my personal observations. Please trade at your own risk.**
ICICI Bank intraday technical analysis forecast After market crash stock has completed its abcde correction with chart pattern.
we have buy zone to buy
