manavtechresearch
Education

!! ICICI BANK IS COOKING SOMETHING !!

NSE:ICICIBANK   ICICI BANK
READ THE CHART FOR DETAILED STUDY
Trade closed: target reached: 1st target achieved
Trade closed: target reached: 2nd target achieved
Trade closed: target reached: 370 achieved
mktech94
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Comments

Booked 10k here.. :). great work done.
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Shall we expect above 400 sir mktech94
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@mvnaylak6, TRADE WITH TRAILING STOP
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Hi..For me the upside move looks genuine. Whats the reason for saying ICICI B is cooking something. As per my analysis 350 seems to be the target for next 2-3 sessions.
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@aaborkar, if you see the chart 372.2 is placed at 38.2% retrracement and further move will extent targets towards 50% retracement that is placed 400 and above so yes it is cooking something big
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aaborkar manavtechresearch
@manavtechresearch, It can be true. But i dont use Fibo indicator. I am going more by the price action pattern with Volume. As per my analysis a sudden up move is again expected after today or may be around end of session today. Currently ICICI B is consolidating between 346-343. On 28th and 29th it consolidated between 328 and 321 and gave breakout with entrancement to selling level of 328. Just sharing my analysis with all due respect
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aaborkar aaborkar
@aaborkar, retracement*to selling level of 328
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Thanks..I am holding at 333.. How long will have to wait for 372?
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aaborkar souravghosh23
@souravghosh23, I think 350 can be looked at for next 2-3 sessions. 372 will take some time considering bit of pause and retracements in between. This is as per my analysis.
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@aaborkar, Thanks
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