dravya
Long

Republic Day Idea - Short Term

NSE:ICICIBANK   ICICI BANK
Happy Republic Day,
fellow Indians.

Here, I am sharing a good potential setup for ICICIBANK .

it's in an ascending channel , which you can see in the chart in related ideas.

The lines I have drawn have significance from previous levels.
I have marked prices accordingly.

Hughe volume also see in the last few hours increasing the probability of upmove.

So,
take positions in ICICI and see how it unfolds.

The entry can be taken according to your strategy, but you must exit at the given levels.

Thanks.
Have a good day.
Trade active: CMP - 262.8
Trade active: CMP - 265.6
Trade active: High : 262.4 . Get ready to book partial profits. Target very close.
Comment: Sorry * 266.4
Trade active: CMP : 266.2 , its gonna break 266.5 and fly, keep trailing sl of 266.5
Thanks.
Trade active: CMP - 268.25

As told, it's gonna fly , don't book profits on 266.5 :)
Trade active: Straight up. Cheers !
Trade closed: target reached: CMP - 268 . Booking profits for intraday.
Comment: One can hold it for more profits. still scope. with trailing SL of a rupee.
Comment: CMP - 272.6 . Positional Hold with trailing SL . Positional target of 276 may be achieved next week.
Comment: High : 274 . Might be Positional Target also achived today :D Wow ;)
Trade closed: target reached: CMP - 281
High - 283.5

Positional Target of 276 achieved !!

You booked profits, right ? :P
Superb setup and hence the result !
Reply
dravya PankajNegi
@PankajNegi, Yeah :) But identify to karna padta hai na setup :p
Reply
@dravya, Aapko hi credit de raha hun :D
What i mean to say is, You made a superb setup and it gave superb result :)
Reply
dravya PankajNegi
@PankajNegi, to fir acha hai :p Thank you, I hope you took advantage of it :)
Reply
@dravya, Nope, not from this one !

But hopefully with some other setup of yours :)
Reply
dravya PankajNegi
@PankajNegi, haha ! next time :)
Reply
@dravya, Yeah :)
Should follow you to not miss out out next time :p
Reply
A Republic Day idea for sure. Nice call!
Reply
dravya FIROZMANIA
@FIROZMANIA, Haha ;) Ty !
Reply
Thanks for the inputs...
Reply
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