dravya

ICICI - CHANNEL RE-ENTRY

Long
NSE:ICICIBANK   ICICI BANK
168 views
4
The stock has re-entered into the green channel.

Also closed inside the blue channel.

All the lines have been marked for assistance.

Thanks.
Comment: Good gap up opening only to be followed by now taking support at blue channel line.
Comment: 1.23% up . Forming a doji as of now.
Comment: Faced resistance at white line. see if it crosses.
Comment: Has crossed and closed above white line. Should stay above it and rise this week.

Comments

@raj.zing this one :)
+1 Reply
perfect i share the same view thanks
Reply
dravya bearishbull1968
@bearishbull1968, nice ! you're welcome :)
Reply
Hi,
Small request : can you remove the grey background ?
If we take Lower blue channel than there is head and shoulder pattern on it , what say ??
Reply
dravya neneram
@neneram, Why do you want me to remove grey background ? Isn't it supposed to be my personal preference.
Reply
dravya neneram
@neneram, yes it is but not a good basis to trade on.
Reply
Good chart Representation of stock conditions in market.
Reply
dravya Epicram
@Epicram, Thank you.
Reply
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