Icicibanklong
Icicibank From the highs of 680 made in February 2021, the stock has corrected considerably to the
level of 530 and given an impulsive bounce.
one can go Long now or in dips with mentioned key levels in chart.
Wave Structure
Key Levels
Macd in daily positive crossover
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
ICICIBANK Looking good to go Long in ICICIBANK
All the key levels are mentioned in chart with Stop-loss and Targets
Overall Waves view in Daily time frame
Channel view in Daily Time Frame
Key Levels
RSI in hourly above 60
Adx Dmi in hourly positive
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
ICICI BANK - 425 Till July ExpiryReasons to go long:
1. One of the best stock in the banking sector
2. In market recovery after COVID, most likely to lead Banknifty along with HDFC
3. MACD Crossover
4. Broke pattern of lower lows since last 3 weeks
5. Even in the cross border tensions & Corona second wave fear, this is keeping higher highs in 2nd week of June.