ICICI BANK LTD.Long
Regular Flat correction
Updated
Possible regualr flat correction on ICICI daily chart ... look fr buying sign to complete the wave C...if this thing plans out then 50% retacement of the whole fall from the top of 550 to 270 is the idea tgt fr wave C at 410 ...
As the regualr flat correction,, C can rally to A at 390 and if extended to an ending diagonal chances of C hitting at 410 is there.
B is the strict stop fr this whole regualr flat ....
Although the ichimoku and TK cross are still bearish on the daily time frame fr ICICI ..we have to eaxtra cautious on our positions
As the regualr flat correction,, C can rally to A at 390 and if extended to an ending diagonal chances of C hitting at 410 is there.
B is the strict stop fr this whole regualr flat ....
Although the ichimoku and TK cross are still bearish on the daily time frame fr ICICI ..we have to eaxtra cautious on our positions
Note
wave C forming with an impulse 12345
C tgts cud be an extened one.
Note
389.50 done .....flat C major tgt achived... now will it be an ending diagonal fr C... thn 410 is on....
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