gulz
Long

Will Bullish Shark lift ICICI BANK ?

NSE:ICICIBANK   ICICI BANK
178 4 7
Hi All,

We have spotted a bullish harmonic shark pattern setup on 15 mins chart of ICICI Bank.

Trade levels highlighted on chart.

Trade levels
Entry @ 318.75
Targets- 321.9 - 323.9
Stop- 316.5

PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.

Trade with care.
Gulz.
Trade active: Hit PRZ - Entry only if price action support
Trade active: Shark pattern need active trade management ( not like other patterns)- buy only if shows pull backs or RSI divergence + over sold on lower time frame
Trade active: Price action formed big brother ( shark pattern which ends at 1.13XA instead of 0.886XA) .

Entry 316.6
Stop 315.4
Targets rolled - 319.8- 322
Trade active: Just missed by 0.1 points for target 1 - hold positions as long as it do not break down the trend line
Trade closed: target reached: First target hit.
Position can be hold by moving stop to breakeven for risk free trade & watch the trend line.
Trade closed: target reached: All hit, book full
Comment: So, Shark could lift ICICI without hourly trend line support :)
Good Work.
Reply
gulz safri
@safri, Thanks bro ( trading shark pattern is very interesting :) )
Reply
thank u gulz bhai
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gulz rineeshu
@rineeshu, My pleasure :)
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