ICICI PRULI 1W Timeframe PROJECTIONICICI PRULI 1W Timeframe PROJECTION
The trend is bullish.
As per Elliott wave theory and SMC Concept both have a bullish scenario
Iciciprediction
icici prudential share target 650icici prudential share elliot wave analysis
current time stock move upside 5th wave
buy 567
stoploss 552
target 620 or 650
one point note use 2 or 4 trendline vertical chart help find 5th wave top
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.
