AbhishekHSinghCMT

ICIC Bank- Bang On Target 260 & What Next?

Short
NSE:ICICIBANK   ICICI BANK
2
One of the cardinal rules of Elliott waves is wave 4 can never enter into the zone of wave-1 which is 262.70. So, let us see how it moves in today's session if prices go close to 262.70 -which is a key level for us -risk is very small here but could be potential downside move

Strict Stoploss- 262.70 + few ticks above 263

If it enters above 262.70 then my count is wrong & I will have to change the counts.

As expected earlier the bounce above 240 -it opened gap up & rushed towards the target zone of 260-262 from previous to previous updates.

Below 239 for short move down to 236-237






Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
https://twitter.com/TalksWave

Telegram Handle
(Deleted)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.