UnknownUnicorn2321966

ICICIBANK LONG AND SHORT BOTH

NSE:ICICIBANK   ICICI BANK
IT WAS TRADING IN AN OLD CHANNEL AS MENTIONED IT WAS BROKEN ON THE UPSIDE BUT NOW IT HAS A NEW CHANNEL AS MENTIONED IT SHOULD NOT BREAK THE UPPER CHANNEL LINE OF THE NEW CHANNEL IF IT BREAKS AND CLOSES ABOVE 475 TARGET FOR LONG IS 483(LONG TERM UPPER CHANNEL LINE) APPROX MOST LIKELY IN A CHANNEL STOCK TOUCHES UPPER LINE AND COMES BACK TO LOWER LINE SO TARGET FOR SHORT SIDE WILL BE 457 GOOD LUCK
NOTE: THIS IS JUST FOR EDUCATIONAL PURPOSE NOT AN ADVICE
Trade closed: target reached: target of 482 reached
Trade active: short side trade is active now it has touched 460.5 today
Trade closed: target reached

Comments

Touched 482 lets see how it behaves..!
Reply
@RishiSharma44, if u use hiekin ashi candle it still has closed below upper channel line max it can go 490 for long
Reply
@RishiSharma44, for short side it touched 460.50 today :)
Reply
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