ICICI Bank-Time to shortPrice coming up against trendline. So A short position could be initiated in this counter.
SL @ 432 Target 372
I1BN34 trade ideas
ICICIBANK - Elliott wave analysis - sell set upICICIBANK - It has completed zigzag in 30 min time frame since last swing low. It seems correct down now from major top in ABC, where B wave looks possibly a triangle. Sell with stop loss above 428.60 for target below 400 or lower. If it turn out as B wave triangle then price will go down directly below 413.50 and the fall will expected to sharp down. Let's see how the chart moves next.
Give thumbs up if you really like the trade idea.
Buy ICICI BankTargets 416/420
Main Stop Loss at 397
*Disclaimer : I just shared my view. Please trade with your comfortable and own ideas.
ICICIBANK - IntradayThis analysis is purely based on Price Action.
Target may reach in intraday trade
Trade Strategies are shared in image itself with proper Entry level, SL and Target level
*Trade on your own risk and money management*
ALWAYS PLAN YOUR TRADE & TRADE YOUR PLAN
Feel Free to comment for any queries or suggestions
Short ICICI BankBearish divergence
Target 400,390,370
SL 425 or RSI close above 80 in 15 mins time frame
ICICIBANK 1HRBEARISH Crab
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
ICICIBANK - Elliottwave analysis - Buy set up ICICIBANK - It is in ABC zigzag up move from last bottom in 30 min time frame, which is probably start 4th wave of C soon. Buy near 389 for target above 410 or slight higher. stop loss should be below 382.80 for the trade, because below this price level it turns bearish.
Give thumbs up if you really like the trade idea.
ICICIBANK 1HRBEARISH Crab@1.618XA..Crab will also give reaction from 1.902XA
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR.
with Confirmation from RSI BELOW 70 & with Bearish Candle with LOW VOLUMES & With No Demand
POTENTIAL SELL
ICICIBANK 4HRBEARISH shark..whenever price entered zone strong rejection
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
After getting confirmation with a Bearish candle and RSI below 70 & with LOW VOLUMES then set up becomes valid
POTENTIAL SELL
ICICI Bank Bear flaggingPossible bear flag on ICICI bank on a weekly time frame, Look out for a break out of a flag ( The parallel channel )
BUY ICICI BANK-BULLISH CROSSOVER IN MACD
-RSI GAINING MOMENTUM
-GOOD VOLUMES
-GOVT IS TAKING MORATORIUM INTEREST BURDEN UPON IT. GOOD NEWS FOR BANKS
BUY IF SUSTAIN ABOVE : 370
TARGET : 420
STOP LOSS : 365
**These are my personal observations. Please trade at your own risk.**
ICICIBANKIF IT SUSTAINS 379-380 THEN 385 388 AND 395 CAN BE SEEN ON UPSIDE.....
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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ICICI Bank intraday technical analysis forecast After market crash stock has completed its abcde correction with chart pattern.
we have buy zone to buy
