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EagleVision8
Dec 7, 2019 6:27 PM

Banks clearly took a beating But, ICICI Short

ICICI BANKNSE

Description

Updated from previous idea:

Wait for breakdown of support at 520 zone on 15min candle for rejection at 525.
Short term trendline support also to watch out for.
Although i personally believe it is going to come at it's long term trendline at green, the proper trade would be to wait for breakdown instead of adding shorts at higher zones since it's soaring at ATH.

Comment

Short at Supply Zone 530
Stop Loss ATH 1.5% ~ 538
Target First Trend line Support -520
Breakdown 500,
Maybe more

Trade active

Comment

Still respecting Trendline

Order cancelled

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