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anuragcoma15
Sep 12, 2017 10:08 AM

ICICI - Boom or Doom ? 

ICICI BANKNSE

Description

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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