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
Icicibanktechnicalanalysis
ICICIBank Intraday Levels: 18-Sep-24Stock made high upto 1272, then sideways momentum in last trading session. Upside Breakout drag price for up, Trendline Breakout for down side momentum. Wait for prope Price Action on levels for Entry.
Bullish> 1273
Bearish < 1263
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.
ICICIBANK Intraday Levels: 24-Jun-24Stock closed near at Resistance Zone & Trendline support
Bullish > 1170
Bearish < 1150
Wait for proper rejections at zones, for entry add your strategy or indicator combination.
ICICI Bank 1D Timeframe ProjectionICICI Bank 1D Timeframe Projection
The overall trend is bullish but here I share my view for ICICI Bank.
Upon analyzing the market trends, it has been observed that the overall trend for ICICI Bank is currently bullish. However, to provide you with a detailed perspective, I would like to share my view on the 1D timeframe projection of the stock. By analyzing the past performance of ICICI Bank in the 1D timeframe projection, I can provide you with valuable insights on its future performance.
ICICIBANK--Continuation or Reversal??this stock is trading in a channel...
keep in long side until price is in the channel....
if channel breaks and retest then look for short side....
we have resistance in the zone1040-1050..
on bottom side trendline is acting as a support...if trendline breaks and retest then look for short side continuation. we have strong support lies at 960 levels.
Drop base drop chance...so keep an eye on this before long.
ICICIBANK - Bearish ViewICICIBANK - Elliott Wave Count
the market looks like its near the top and soon we can expect the reversal downside to Wave A correction.its recommended to wait for the price to comes back & close inside the channel to confirm the bearish scenario to take short trades. whatever the high made on wave 5 will be the SL for the short position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIBANK NSE:ICICIBANKZ2023 BSE:ICICIBANK
ICICIBANK--Double Top??the stock is near its demand zone...
if price breaks this zone and gives retest will go for short side....
Chance of continuation fall till up to 920 zone...and then have a chance of Right shoulder formation...So keep in bearish view up to 920 and then look for buyside from this zone.
ICICIBANK--Long to Bearish Gap ??The stock is trending downwards....
price is now near to a strong, a strong rise is observed from this area..
If it is a bullish turn price will take the support from this area... then look for buy side....
If this area pushes the price upside...we will on long side until the Bearish Gap be filled.
again will look for sell at Bearish Gap or trendline. Look for buy up to 970 and 980 levels.
Mean while it will also test the trendline again.
Keep safe.......
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
ICICIBANK Analysis ??ICICIBANK broken the monthly resistance @960 zone.
In weekly time frame also its bullish...
in daily time frame showing bearish pressure....
in lower time frames it is coming slowly to test the previous resistance might acts as support.
ICICIBANK--Demand Zone @910-915 Range??the stock is trending downwards...
now the price is near to its demand zone ...where previously strong buy ness is observed..
wait for confirmation before long...if it gives support then will trade tomorrow..
just watch if it gives support or not.
ICICIBANK--Short Term Bearish look??Observations::
ICICIBANK:: from 960-880 bearish look
------Facing resistance in the zone 960...
buyers are exhausted in this zone....
from last few weeks it is trading in a zone....
the difference between the HH is reduced drastically and observed sellers are in control...
this may continue until price reached to 880 zone.
In the middle we have a demand zones, that will take the price up little bit.
Short term Bearish Look::
this is one more chance to enter for long to reach 1000, 1050 levels.
Keep track this levels, enter for long @880 or 860 zones.
ICICIBANK--Channel Breakout ??Observations:: NSE:ICICIBANK
------>>the stock is trending upwards in daily time frame.
---------->> now the price is trading @all time high
----------->> now we have to look at this stock ,If price breaks this resistance or not, if price breaks and resistance acts as support, we will observe new highs.
now the stock is looking weak in buy side, if it will sustain above 960 range we will observe some bullish momentum again.
if price breaks 960,and failed to sustain above 960 zone, we will go for selling. and previous supply zone acts as demand at 945 level. keep track this instrument.
we have demand zone @940 range, will acts as support.
If price breaks this level we will be on bearish side for the target of 925,915 range.
If more fall observed we have support @890-880 zone,
look here for long side.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
ICICIBANK--Bulls Exhausted in this zone @950-960??The stock price is trending upwards it is said to be bullish again from 900 level,
Observe reaction at this level in lower time frames like in 15 min and enter long. price again wants to test the demand zone @ 910-900 range.
Price is facing Some resistance in the range 950-960 range.
if the price breaks 935 range gives some pullback enter for short.
ICICIBANK-Bullish The stock price is trending upwards it is said to be bullish again from 900 level,
Observe reaction at this level in lower time frames like in 15 min and enter long.
previously leaving an Supply zone, the same zone now acts as demand. price again came back to the same level,
enter here for long for the target of untested supply zone at 950-960 range.
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.
BUY ICICI BANKICICI Bank level of 826 has acted as a support and on the daily TF there has also been a healthy pullback to 866 level now the stock price is all set to move to the upward direction. You can open a position here for long and aim for level of 956.
ICICIBANK KEY SUPPORT & RESISTANCE Here are major support and resistance of NSE:ICICIBANK for upcoming days. Recently ICICI Bank is at buy on dips strategy.
Note: This is my personal analysis, only for learning.
Cn give a good run if closing above 845, SL 830The scrip is available at a very good RR. we can initiate longs if price closing above 845 on day closing basis. SL 830 on day closing basis.
ICICI BANK: SHORT TERM TRADENSE:ICICIBANK bank short term Tarde. Lower band may be kept as SL and entry may considered on breakout/breakout retest.
ICICI BANK ICICI Bank has reached its support zone, we can see a good bounce back or a fall from this point.
Wait for the confirmation of upcoming directional movement in this stock.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
ICICI BANK 1D viewIcici bank follows the market trend and is almost near its strong support zone. Watch out for this level if it is unable to hold this level we can see a good fall in this stock as well.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries.
Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
