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ICICI Bank: At make or break levels

NSE:ICICIBANK   ICICI BANK
ICICI Bank
Closing price 305.25

The stock is at make or break levels.

Keep a close eye as opportunity could be in any direction....

Sustaining the zone of 302-305 the stock has the potential to head higher

T1 314

T2 318

SL 298


Breaking 302 the stock may get weaker and probability of testing & trying to fill the gap zone increases

T1 288

T2 276

SL 308

Take care & safe trading...!!!
Trade active:
Data analysis suggests Upside looks likely to be limited...

One may consider selling
ICICI Bank 310 Call Option
Lot size 2750
Price 6.2

Max profit potential Rs 17050/- per lot

(As good as selling Futures with limited profit BUT MORE IMPORTANTLY IN BUILT LOSS PROTECTION for rise in stock price up to 316.20 till Expiry)

Take care & safe trading...!!!
Comment:
ICICI BANK 310 Call Option update

Lot size 2750

Sold at 6,2

CMP 4.7

That's a profit of Rs 4125/- per lot for the day.

Intra day traders may consider booking profits

Happy trading...!!!
Trade closed: target reached:
Target of 288 reached

Makes a low of 287


ICICI BANK 310 Call Option update

Lot size 2750

Sold at 6,2

made a low of 1.05
CMP 2.05

That's a profit of Rs /- 11412 per lot

Consider booking profits as per risk appetite

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Happy happy trading...!!!

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