anuragcoma15

ICICI - Boom or Doom ?

NSE:ICICIBANK   ICICI BANK
ICICI is on a bood or doom mission

taking support at a very strong base trend line. Witness a high income trade in a day or 2

Sell below the trend line (290) for a target of 270 or below.
Buy above 295 for target of 302 / 312 in a few days
Comment:
Trade not yet triggered
Comment:
Trade not yet triggered.
Monday can be the breakout/down day
Buy above 296 for long trade for target 302 / 312 SL 290
Sell below 290 for target 283 / 275 / 270 SL 295
Comment:
Trade not yet triggered.
ICICI went below the support trend line but hasn't shown strong weakness there.
Maintain the trade measures. Sell below 290 only to avoid false breakdowns
Trade active:
ICICI broke down! Enjoy those who took the trade
Comment:
ICICI reached 280. Book partial profit here.
ICICI has reached a support zone now. Will be broken at 278. Wise to cash partial at 280
Comment:
ICICI gave good return and now showing strength even in falling market. Keep a small SL of 281.50 (or 283 to be more conservative) with your position
Trade closed: target reached:
Hope all closed the trade at or below 283.
290 -> 283. Gain of 7 points here.
If you trade in 1 lot then gain is 2750x7 = 19250 in a span of 5days

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