ICICI BANK WEEKLY CHART ANALYSIS

Nov 14, 2019

HI PREVIOUSLY I GAVE SHORT IDEA IT WAS SHOWING BEARISH DIVERGENCE BUT SOMETIMES OUR ANALYSIS FAILS NO BIG DEAL NOW THIS IS A WEEKLY CHART AND FOR SURE WE CAN SAY A CHANNEL EXISTS AND IT IS RESPECTING CHANNEL LINE NOW UPPER LINE IS A BIG HURDLE STOCK MUST CLOSE ABOVE IT FOR THE TARGET OF 523.6 BUT AS IT IS A WEEKLY CHART NEXT CANDLE WILL BE FORMED ON 18TH NOVEMBER THEN ONLY WE WILL BE ABLE TO CONFIRM IF UPPER LINE IS BREACHED ON CLOSING BASIS AND WE HAVE TO BE CAUTIOUS IF CURRENT CANDLE TAKES RESISTANCE FROM UPPER LINE AND MIGHT MAKE REJECTION DOJI KIND OF CANDLE GOOD LUCK
NOTE: FOR EDUCATION ONLY TRADE AT YOUR OWN RISK

Nov 15, 2019

Note

504.20 new support

Nov 15, 2019

Note

upper trendline resistance

Nov 15, 2019

Note

those who bought put at highs made good profit but that was very risky

Nov 18, 2019

Trade active

Nov 18, 2019

Note

weekly chart red doji candle :)

Nov 19, 2019

Trade active

Nov 19, 2019

Trade active

Nov 20, 2019

Trade active