Stock closed inside the trading range after consolidating below trading range for 2 days but recovered beautifully. We may see good move upward. #Illuminati
After dipping significantly in 3Q, slippages were up ~70% QoQ to ~Rs 35.5bn i.e.2.47% vs. 1.5% QoQ. This incl. an exposure of ~Rs 8.5bn to Renuka Sugars, which is currently servicing its debt (might be upgraded in FY20). W/Os were significantly higher at ~Rs 73.3bn (+~2.1/2.4x), leading to GNPA decline of ~10% QoQ (Rs 463bn, 6.7%). ~69% of corp slippages were from...
Sell ICICI Bank @ 390-390.50 stop 391.75 target: hold till close
ICICIBANK Expect Structure Break Target 379 & 362
ICICIBANK AB=CD pattern Complete... Keep watch the trade Entry Type SELL Target 370 & 350 Don't enter before the Bearish Confirmation
ICICI Bank is forming a bullish white swan on the 30 min charts, and is expected to hit 352, before bouncing off to 370+ A good options trade can be taken on this basis, on the Jan'19 series. . . . . . . . . . Kindly consult your advisor before taking any decisions. We teach, and practice what we teach ;)
ICICI is forming Inv HnS with favourable volume profiles, favouring the long side breakout, as already given in a previous analysis (used harmonics last time)
ICICIBANK Test 0.618 Fib level Keep watch EXPECT 356 (Do not enter to break the structure)
Last enfulging candle followed by spinning doji at previous top resistance
ICICIBANK test Supply zone keep watch and trade safe
ICICI Form CUP & HANDLE keep watch complete the pattern TP 302