Long

ICICI BANK AB = CD ANALYSIS

Updated

hello trading viewers

i am presenting this time ICICI BANK (ab = cd ) pattern analysis on daily chart

buy above 1260 on closing basis
stop loss 1150 on closing basis

target -1 -----1360
target - 2 -----1414
target - 3------1486

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earning statement

in.tradingview.com/symbols/NSE-ICICIBANK/financials-earnings/?earnings-period=FQ&revenues-period=FQ

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balance sheet

in.tradingview.com/symbols/NSE-ICICIBANK/financials-earnings/?earnings-period=FQ&revenues-period=FQ

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Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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bearish harami candle formed today

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as i mentioned that buy only above 1260 so not executed

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still waiting for closing above 1260 for entry

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trade executed for buy @ 1260

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1295 now 35 point around 3% profit running in just one day of trade executed

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from 1260 to 1310 now

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1st target achieved
1260 to 1360

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AB = CD completed today

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again crossing up 1260

Trade closed: target reached

trade closed

sk_4587

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