Icic bankShort on break down. If BNF show weakness . Risks reward is good. Lower trend line is stop loss. Postional trade on break down
I1BN34 trade ideas
ICICI an ending diagonal ? ICIC bank has seen a strong run up for a while now and in the recent times , has seen a rather exhaustion in rallies in the form of an ending diagonal. While a diagonal in theory could mean low volatility , in situation like this when ICICI bank has contributed well into Nifty bank could now find challenges to rally. RSI momentum also makes it evident that a new stock high is not followed by rising momentum , a sign of trend reversal.
Short ICICIFirst there was Bullish Gartley pattern that indicated an upward movement. Now the Bearish AB=CD is indicating a trend reversal and price should be around 730 in about 3 weeks.
In my opinion, a good time to short.
Stoploss point and Targets are mentioned on the chart.
If you have any questions, ask in the comments section.
Thanks.
Icici bank important support and resistance Lable Icici bank important support and resistance Lable on my point of view
ICICI BANK 5 TH WAVE COMPLETEIcici bank complete 5 th wave & fall pending . Making short potion or booking swing & long profit at top & genrate short postion
ICICI Bank_DailyICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai and component of nifty50 and Banknifty.
* Trade with proper risk management.
* To Decide Qty use this formula.
--- Qty = Risk Per Trade/SL Points. ---
Only for educational purpose.
Icici bank important support and resistance Icici bank important support and resistance Lable on my point of view
Technical breakout Buy Icicibank above 936
Which is a triple top breakout using P&F charting, the DT is at 943. Hence, a clear signal that the stock should remain above 930 and 936 to enter into a buy for Targets until 951 initially.
The stock has shown a longer term inverse head and shoulder pattern.
A failure to break above 936, the stock may find a reversal.
ICICI BANKday chart of ICICI BANK
It rejected at all time high
All time high 944 is strong resistance for this month
support is trendline we have to wait when price comes to all time high or trendline lets see what will happen
icicibank chart anylast to fress buy sell level icicibank chart anylast to fress buy sell level
buy level 930 to 935 and target is 943
943 is most impotent level to fress by big move 10 to 15%
Cup & handle near ATHPreparing for a breakout after forming a Cup & handle pattern,.
Keep this in radar
Icici bank important support and resistance Lable on my pointIcici bank important support and resistance Lable on my point
icici bank price avtion
NSE:ICICIBANK
news aid its consolidated net profit jumped to 80.06 billion Indian rupees ($967.8 million) in the fiscal second quarter from 60.92 billion rupees a year ago, beating the 71.04 billion-rupee net profit estimate by analysts polled by Visible Alpha.
has partnered with the National Payments Corp. of India to launch a range of credit cards on the RuPay payments network, according to a Monday statement.
The ICICI Bank Coral RuPay Credit Card is a contactless card that offers a number of privileges and benefits.
Breakout Trade In ICICI bank ( Intraday )ICICI bank is in a range of 920 - 925 making an Ascending Triangle Pattern any Breakdown / Breakup can lead the market to make directional move.
Icici bank As per chart we may accept .78 to .50 level will be tested for new high.
This high weigtage stock in nifty 50.
18nov market setup and update18 nov market update for friday.
market support and resistance
trading psychology
trading mindset
ICICIBANKICICIBANK made broke out of triangle pattern on an hourly chart with good volumes & sustained above beakout.
Could be bought with mentioned stoploss & target
ICICI Bank Chart Analysis ICICI Bank in weekly Chart formed double top and shooting star.
SL is 943.25
1:1 target is 851.05
MACD divergence are also negative.
