I1BN34 trade ideas
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
ICICI BANKIcici Bank holding Trend line since May.
If Fall below 625 and 610. May see downside till 590.
If Icici bank again take support on this trendline we may see upwards 650.
ICICI Bank Triangle Break Out - Long- RSI Bullish
- Stochastic Cross over
- Morning Star (Bullish pattern)
- Wait for Triangle Break Out
Entry = 665
Stop Loss = 653
Target = 770
ICICI Bank at Breakout PointICICI Bank at Breakout Point and according to the RSI diversion it can be break upper tradeline, we should keep eye on this
Entry
Buy: 655
TG- 665/675/699
SL: 642
#ICICIBANK Back with the Bang. #Swing trade#IciciBank trading at important levels. #Swingtrade set up.
Closing above strong #resistance 749.20. it will move towards previous #alltimehigh.
Tgt 1 : 656
Tgt 2 : 660
Tgt 3 : 670/676.
Sustaining above it will lead to 680/690
ICICI Bank trading ideasThis is a tutorial look here how much accurate the trend based fib extension levels worked very well
Swing trade in ICICI Bank Price has taken support at 50ema and bounced and recently closed above that trendline. Moreover RSI indicating strength with high volume. One can take tradeover this for target of 670-80 with sl below the low of recent candle
ICICI ICICI Bank:
As on chart double top is being expected to form on DTF..
CMP is at 50ema cross, price has to move till 200 ema to complete this pattern.
Let's see what happens...
#ICICI Bank - #BullishBatPattern + Results -- Positional Buy and#ICICI Bank - #BullishBatPattern + Results -- Positional Buy and Sell
I personally consider a more stricter stop loss of 5% - 7% of Entry Price
This is just an analysis and consult your Financial Planner / Wealth Manager
