HEAD & SHOULDER PATTERN BREAKOUTICICI BANK has broken out of a bullish head and shoulder pattern and it's now looking geared up for a good RUNUP. Trade setup Entry: 1250 - 1270 Stoploss: 1240 Targets: 1288 / 1345Longby Shorabh_Jain1114
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.Longby Kartik_Elkunchwar3
[Positional] ICICI Bank SnR IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh2
ICICI BANK LTD S/R for 17/9/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh1
ICICI Bank LtdImportant points marked. *****Education purpose only***** *****Investing in Equity is subjected to market risk do own research before investing*****Longby sreekumars2
ICICI Bank Ltd view for Intraday 11th September #ICICIBANK ICICI Bank Ltd view for Intraday 11th September #ICICIBANK Buying may witness above 1245 Support area 1228. Below ignoring buying momentum for intraday Selling may witness below 1228 Resistance area 1245 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra0
ICICI Bank Ltd view for Intraday 5th September #ICICIBANK ICICI Bank Ltd view for Intraday 5th September #ICICIBANK Buying may witness above 1255 Support area 1230. Below ignoring buying momentum for intraday Selling may witness below 1230 Resistance area 1255 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra0
ICICI Bank Ltd view for Intraday 4th September #ICICIBANK ICICI Bank Ltd view for Intraday 4th September #ICICIBANK Buying may witness above 1255 Support area 1230. Below ignoring buying momentum for intraday Selling may witness below 1230 Resistance area 1255 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra0
ICICI BANK ELLIOT WAVE ANALYSIS #icicibank #elliotwave Icici bank one hour chart elliot wave analysis . this stock complete 1,2,3 or 4 . wave 5 start Longby HARISHRAO992
ICICI Bank next week target 1220, 1240, or 1260If you are looking for a good stock for the next week, ICICI Bank can be a best stock on our golden parameters. The stock has moved from downtrend to uptrend according to our parameters on the daily chart, of course the stock is still below the pivot point but the possibility of an uptrend in it cannot be ruled out. The stock closed at an upper level today after the consolidation of the last three weeks. Which can prove to be a better option for the next week.Longby Sudhir-Sirohi3
ICICI BANK LTD. ICICI BANK LTD. . Fundamental is Good. . (Private Banking Sector Looks Goods.) . Long-term view! . CMP 1203 Resistance -1235 . SL -1176 on CB Deep SL 1165 on CB. . . This is Kartik Thakur, Signing off :) Longby kartikhere4
ICICI Bank Ltd intraday level for 19th Aug #ICICIBANK ICICI Bank Ltd intraday level for 19th Aug #ICICIBANK Buying may witness above 1200 Support area 1179. Below ignoring buying momentum for intraday Selling may witness below 1179 Resistance area 1200. Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra3
ICICI Bank Ltd: Ascending Trend Line and Potential Bullish BreakTechnical View ➡ Ascending trend line providing strong support ➡ Retrace from demand zone near 1150 ➡ Next resistance at 1247 ➡ Bullish breakout possible above 1192 ➡ RSI at 52, indicating neutral momentumLongby GlobalMarketGuru0
ICICI BANK Ltd intraday level for 16th Aug #ICICIBANK ICICI BANK Ltd intraday level for 16th Aug #ICICIBANK Buying may witness above 1172 Support area 1160. Below ignoring buying momentum for intraday Selling may witness below 1153 Resistance area 1165. Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
ICICI Bank Ltd intraday level for 14th Aug #ICICIBANK ICICI Bank Ltd intraday level for 14th Aug #ICICIBANK Buying may witness above 1176 Support area 1165. Below ignoring buying momentum for intraday Selling may witness below 1155 Resistance area 1165 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra0
ICICI Bank ltd.Hammer at support line, similar pattern in axis bank, looks like banknifty is ready to boost nifty from here. Even HDFC Bank is showing some good turnaround from support. big Private banks are showing good strength.Longby Stockiist2
ICICI BANK Elliot Wave Analysisicici bank 3 hour time period chart analysis . this stock down side create normal flat correction . normal flat correction internal wave a,b or cLongby HARISHRAO993
ICICI BANK LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It's important to remember that while these indicators can be useful, they are not foolproof. Always consider the broader market context and consult with a qualified financial advisor before making any investment decisions. by zenthosh0
ICICI Bank Ltd intraday level for 9th Aug #ICICIBANK ICICI Bank Ltd intraday level for 9th Aug #ICICIBANK Buying may witness above 1176 Support area 1160. Below ignoring buying momentum for intraday Selling may witness below 1155 Resistance area 1140 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
ICICI Bearish PossiblitiesIn the ICICI Bank. It displays multiple week candle in the chart. Simple words : 1. Head & Shoulder pattern. 2. Multiple Rejection Candle. 3. Volume Increased (1220 to 1230). Entry : Stock should break the neckline and if Candle body close below 1160 price. Target : 1340 Reacting Points : 1164 Stoploss : Above 1230. Explanation : Technical analysis : Trend is Uptrend. But it is forming Head & Shoulder Pattern. Once it breaks the neckline. It have more possibilities to go opposite direction. Volume Analysis : In the volume analysis , Some big institutional players sell or book the profit at the level of 1220 to 1230. That's why volume indicator shoot up and cross the moving averaging level. It means Big transactions happened, that transaction is not BUY. Because buy means Candle body should be strong, but it show INVERTED HAMMER. Volume profile fixed range : Red line show High transaction happened at the level. If market close below 1660 level, then free fall. So better square off the position or buy put option. I am not a SEBI Register advisor. I am sharing information for educational purpose. by Guru7208111
ICICI BANK Intraday level for 23rd July #ICICIBANK ICICI BANK Intraday level for 23rd July #ICICIBANK Buying may witness above 1251 Support area 1235-1240. Below ignoring buying momentum Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra3
ICICI BANKStock is in bullish trend since Feb-2024 from 980 levels and reached 1170 levels by end of April. I suggest to enter around 1110 - 1115 levels and wait for the target of 1170 in the near short term. The stock can reach 1247, 1370 levels in the near term. Stop loss 1090 & 1075 levels.. Risky trade can be taken at the current market price since the stock is in uptrend Longby haresh2408Updated 161611