ICICIBANK trade ideas
ICICI Bank Long Build up in IntradayHey Everyone,
You had caught a good short from our previous harmonic PRZ and made good profit there. Now I had found an another swing and its a long setup . Good setup for swing and Intraday as well .
Buy Area 418-422
Stop Loss : 414
Target : Open
icici bank zones and levelsICICI BANK Rallied now it seams to be in range bound mode levels and zones are mentioned on the chart where it might react strongly
BUY ICICIBANK BETWEEN 525-52409.01.2020
ICICIBANK
BUY ICICIBANK BETWEEN 525-524
CMP : 525.8
INTRADAY TARGETS
T1 : 530
T2 : 533
SL : 521
Be Cautious in ICICI BANK at this levels. its for educational purpose only
Be Cautious in ICICI BANK at this levels. it may correct and test 500 levels for short terms
Next rally can halt near 550Next rally can halt near 550. But for that it has to cross 535 level first. Break down below 510 can take stock down towards 490 levels. Trade in options accordingly.
NSE:ICICIBANK Daily Trendline Break NSE:ICICIBANK has broken a daily trendline which extends from mid September to today. There is an slightly less steep trendline that can also be drawn shown in the chart as dotted green line which can act as support but it is unlikely. So I am staying away from longs here. Also to note is that Banknifty is weak.
ICICI bank RallyThere is no normal curve has yet formed for icici which means the rally will continue,
the slop is straight slop angle must either increase or decrease for a consolidation,
ICICI BankShowing divergence wait for MACD to turn negative or aggressive ones can short right away since slope of MACD has already turned negative have stop at the top of the trend line
ICICIBANK ICICIBANK Resting on minor support if it breaks than traders can short for intraday trade else shorts if it reaches Resistance level given on the chart.
ICICI Bank ReversalThe long green line is the strongest support and resistance zone. Once the market started falling from the range targets are wite lines. This analysis is based on harmonic and fibo levels.
