Icici Prudential share looks like forming HS formationIf goes beyond 460 range then we can consider as a breakout. I had little positions but closed around 450 range. Planning to re enter only after breakout.
HS - Head and Shoulder format.
ICICIPRULI
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
ICICI Pruli: Inverted Head and Shoulder pattern on weekly TFStock has made an inverted H&S Pattern on Weekly TF which indicates the bullishness in the stock.
Key resistance levels are still not taken out which requires a closing above 615 level.
Stock may touch its ATH after sustaining above 615 levels.
DISC: Only for educational purposes.
Weekly and monthly breakeout stock or soon to be break outonce cross 647 on closing . then it might have more .....
ICICIPRULI // Breaking Out www.tradingview.com
ICICIPRULI : After a long time fall and then consolidation, the stock is ready for a BreakOut event. Although it has broken the up level of 550 and sustaining currently, one should be bullish till the time it is not coming down below 550 level.
ICICIPRULI - Elliott Wave CountThis is an update to the previous post!!!
ICICIPRULI - Elliott Wave Count
It appears that ICICIPRULI is in wave C of 4 and to reach the range of 500 in the coming days. Then we can see a good impulse wave 5 towards 600 and beyond. Please note that we have placed our stop loss at the level of 485. This means that if the price drops below this point, we will exit the long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIPRULI BSE:ICICIPRULI NSE:ICICIPRULI1!
ICICIPRULI - Elliott Wave CountICICIPRULI - Elliott Wave Count
It appears that ICICIPRULI is completing wave 4 and we can anticipate wave 5 to reach the range of 670 to 700 in the coming days. Please note that we have placed our stop loss at the level of 512. This means that if the price drops below this point, we will exit the long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIPRULI BSE:ICICIPRULI NSE:ICICIPRULI1!
my view on ICICIPRULIICICIPRULI above giving falling wedge breakout.
If it sustain above 442 should hit 450-455-460 very soon.
keeping on radar ICICIPRULI 450 CE
ICICI PRUDENTIAL - at imp supportIcici Prudential is at multi-timeframe support.
The structure of the stock is still maintained of higher highs and higher low, hence if this support {530-520} is held, chances are high that the correction we are seeing in the stock since 700 levels might end and stock may resume its bigger trend ( uptrend).
Disclaimer: Not a Recommendation to trade.
ICICI Prudential BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
ICICPRULI shows dark cloud cover candle at top with RSI negativeDark Cloud cover, candle stick, RSI is on negative diversion
590 PE may give soem good return ;)
ICICIPRULILooks like beginning of new impulse on Hourly time frame
One can go Long now or in dips with stoploss of 540
All the key levels are mentioned in chart with Stop-loss and Targets
Elliotts view
Key Levels are Mentioned on chart
Bollinger
Weekly MACD
Hourly MACD
DMI ADX UNGALI POSITIVE
RSI in daily above 60
RSI in hourly above 60
ICICIPRULI - Will it break support ? Currently standing on strong support level & and also on lower side of parallel channel.
High probability of bouncing back - however depends on market trend.
Add to watchlist and trade carefully.
ICICIPRULI LONG INTRADAY 11 MAY, 2021Dear trader,
If u look at the chart of ICICIPRULI (analysis based intraday only) the ICICIPRULI Buy at 558 and Target at 568
Best Buy at 555.
Our Best Buy is based on high quality research and when the instrument reaches this level, it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
ICICI PRULIIt has activated a Bullish Harmonic Sea Horse pattern in daily time frame. It could rally till 575, short term support at 585
ICICIPRULI Looking week from few days and still showing weaknessNSE:ICICIPRULI will fall and may see the 403 levels this month. My view on this will be bearish until it will leave the bottom line of "Bollinger band" and move in the up direction.
currently, on weekly view, all moving averages are showing a Sell signal.
It's just for my study view.
Long OpportunityHello Traders, there is an opportunity in insurance sector with ICICIPRULI, i thing we must go long with, what i have seen that it has been concolidated in a range between 468 to 472 from lower side and same range must keep the SL & move upward for the profit booking area, have a save trading. Good luck!!
ICICIPRULI,
Here is 200SMA in Green colour and 50 SMA in Red, Resistance Trendline in Black
Two Fibonacci Levels Also at current levels Marked in circle.
And All Fibonacci levels are mentioned in chart as black horizontal lines they always act as support and Resistance.
One can Buy at CMP or in Dips with SL of 485
Note. It would be Full Bull Only Above 503.60
Targets can be 511, 523 and 537
Disclaimer
I am not SEBI REGISTERED Analyst
My Studies are Educational purpose only
Please consult with your financial advisor before trading or investing
ICICIPRULI - WatchICICIPRULI is trading in parallel channel on daily chart & clearly see following trend.
Incase if continue trend line - next target will be 460 and next will be 400 levels.
However after budget and reversal from bottom line of parallel channel - possible uptrend will continue.
Add to watch list and Trade cautiously .
ICICIPRULI - Trendline Whatch ICICIPRULI breaking long term trendline
Take trade appropriately with the direction...
ICICIPRULI - Looking good for Long TimeFrame- 1 weekICICIPRULI - Looking good for Long TimeFrame- 1 week
