manavtechresearch

ICICI BANK ASCEDNING TRIANGLE BREAKOUT

Long
NSE:ICICIBANK1!   ICICI BANK FUTURES
SUMMARY:
*icici bank breaking out of ascending triangle in hourly chart
*possible bearish trendline breakout in daily chart
*positional trade

ICICI BANK FUT
BUY@705
STOP@695
TARGET@720-730-740

'longs were active since yesterday'
'we had a inverted head and shoulder pattern break'
'trade according to your risk appetite'
'this is my personal view only'

Trade closed manually:
STOP LOSS HIT EVERYONE PLEASE EXIT
RE-ENTRY ABOVE 707 ONLY NOW
Comment:
yesterday closed above 707
today opened and sustained above 720
one can book profits or sit for higher targets

TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.