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vanathi
Apr 19, 2017 6:07 PM

ICICI - April 20 Day Trade! 

ICICI BANKNSE

Description

ICICI bank has taken support at 279 - 281 level. RSI has formed hidden bullish divergence.
Buy above - 281 Stoploss - 279 Targets - 283, 285.5, 289 and 291
Sell below - 279 Stoploss - 281 Targets - 276 and 274
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 20th April 2017 only.

Comment

Gap down! No trade.
Correction : Chart has RSI bullish divergence. RSI bullish divergence occurs when price is making lower low and RSI forms higher low.
Comments
eyesice
can we hope for an upmove today?
vanathi
@eyesice, Will take time for ICICI to recover.
shiv_n
madam in the chart its regular bullish divergance
shiv_n
@shiv_n, may be i m wrong
vanathi
@shiv_n, You are right.
vanathi
@shiv_n, Thank you for informing.
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