INTRADAY TRADE IN ICICI BANK
BUY@309.5
STOP@307
TARGET@316
QTY=2500(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
ICICI bank is following a parallel channel. Today It took support exactly at the lower channel on the hourly chart. So I think we should go long with ICICI bank.
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Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INTRADAY TRADE IN ICICI BK MAY FUT
SHORT@330.5
STOP@336
TARGET@322
QTY=4125
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
ICICI Pruli is at the supply zone and just crossed it and retraced back with the last candle on Friday
It could be a pullback and continuation process
First target would be the marked one
Key Levels for ICICIBANK :
Upper Breakout~346.90
First Target~352.70
Interim Resistance~358.85
Final Resistance~363.90
**Lower Levels**
Lower Breakout~339.20
First Target~334.60
Interim Support~329.55
Final Support~325.30
Please trade with caution and consult your financial adviser before trading.
ICICI Bank is making a perfect W pattern on multiple time frames.
Buy above 353 with a stop loss of 331.
To be more sure, wait for the level to be penetrated above 360.
Targets are :
A) 380
B) 400
The resistance level is being tested many time in lower time frames and daily chart show flag (and also breakout pennant) which suggest long oppurtunity for long term.
For short term the price may go down from the resistance level and hit the target as I mentioned earlier.
