IBN trade ideas
ICICI Bank | Go Short |Use the pullback to get inFriends, please support this idea with LIKE if you find it useful.
ICICI Bank is in downtrend. Use the pullback to get in.
Thank you for your support, I appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ICICI BANK DAILY
Bullish GARTLEY TYPE 2
Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
second bar close & high are higher than the first bar high and volume on second bar is higher than the first bar volume, it shows effort to rise is successful AND can be traded immediately on first No Supply / Test
Now with confirmation from a BULLISH CANDLE with RSI above 30
POTENTIAL BUY
ICICI BANK BECOME A ROCKET BULL STOCK FOR SHORT TERMICICI BANK entered into 5th wave formations. in the 4th wave icici bank have formed 3-3-5 zigzag pattern it shows highly bullish for short term. On the other hand, according to gann theory 1 unit of price/day = the motion of the earth around the sun such as we can see in the chart. this condition has been fullfiled by icici bank. the difference between 3 wave top and 4 wave bottom in a days, 60 day and price difference are also 60.
ICICI BANK BECOME A ROCKET BULL STOCK FOR SHORT TERMICICI BANK entered into 5th wave formations. in the 4th wave icici bank have formed 3-3-5 zigzag pattern it shows highly bullish for short term. On the other hand, according to gann theory 1 unit of price/day = the motion of the earth around the sun such as we can see in the chart. this condition has been fullfiled by icici bank. the difference between 3 wave top and 4 wave bottom in a days, 60 day and price difference are also 60.
