IBN trade ideas
ICICIBANKAll levels on the charts. ICICI bank has just given a perfect breakout from cup with handle pattern. I am holding it from low levels. In long term it can give 15% returns from this levels.
ICICI Beautiful Cup and Handle PatternICICI Bank is Forming Beautiful and clean Cup and Handle Pattern - 15% Gain expected in a month.
Buying pressure seems in ICICI Bnak ....consider for long An analysis for ICICI Bank through price action method
Longterm consolidation breakout in weekly time frame.... as well as seen buying pressure in daily time frame..
expecting further upside in ICICI BANK..
IBNBRIEF-ICICI bank posts net profit of 46.16 bln rupees in April-June qtr
Icici Bank Ltd ICICIBANK :
* APRIL-JUNE NET PROFIT 46.16 BILLION RUPEES VERSUS 44.03 BILLION RUPEES (NOT 25.99 BILLION RUPEES) IN PREVIOUS QUARTER
* APRIL-JUNE GROSS NPA 5.15 % VERSUS 4.96% PREV QUARTER
* APRIL-JUNE NET NPA 1.16 % VERSUS 1.14% PREV QUARTER
Source text for Eikon: ID: Further company coverage: ICICIBANK
(Reporting by Manoj Kumar) ((manoj.kumar@thomsonreuters.com; +91(11) 4954 8029;))
ICICI @ Important LevelsICICI @ Important Levels the chance of the bigger move or breaking and trading above the current level is less & dought full. Any Bigger Time frame spread and volume is not matching. Low Volume. Option chain suggest more calls then puts.
ICICI Bank - Trendline breakoutBuy Above 677.85
Target 726 being wave 5 target.
Closed above trendline with above average volume
ICICIBank trading levels for the week 27-31 July 2021Well above the bullish levels....
any dip towards bearish level.... is a buying opportunity...
ICICI Bank at crucial zoneWorld markets touching all time high or close to it. Bank nifty is laggard in this upward movement. For some days there is divergence in Nifty and BN. ICICI was firing for some time now. All world markets at or near to highest point & ICICI at crucial point of break out or break down.
ICICI Cup and HandleICICI formed a Cup and Handle signal and the same has breakout and retested so hereafter buy signal started
Techno-Funda stock of the week - Icici BankThis is one of the stock all the investors should have in their portfolio. Yesterday Icici bank has finally given a up flag breakout after months of consolidation. This stock has great fundamentals too so please buy Icici bank for the targets of 768, 914.5, 1061, and 1151.5. The SL mentioned in the picture is for the short term traders. Investors should keep a deep SL as per their risk appetite.
View - Medium to long term
Duration - 1 year plus.
ICICI Bank bullish - nearing breakoutICICI bank is in a ttm squeeze and also forming bullish ascending triangle.
ICICIBANK Daily Bearish ALT Bat , VERTICAL DOTTED LINE is Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & TREND LINE with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
ICICIBANK - Cup and Handle patternICICIBANK is is urge to break out based on CUP and HANDLE pattern, lets see if its breakout.
Buy ICICI Bank. ICICI bank has given clear breakout on daily chart. One can buy this stock for the target mentioned. However, I would recommend to hold this stock for medium to long term. On weekly chart, this stock has made a huge pole and flag structure. It will give breakout anytime soon. For weekly charts, targets are coming 900+. It’s a very good fundamental company so one can be interested in this stock without doubt.
View - Medium to long term. 1 year plus.
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
