I will wait for some retracement to add more to my position.
Icici bank moving in a descending triangle , expected to break down in the long term view . Good shorting opportunity once break down occurs .
i am bullish on the basis of structure and looks that it will continue its upswing in the coming days .
structure looks well , important base at 158-165 zone upside can even be above 210 as it tested the levels multiple time . risk reward in favour on long side .
We can see on a 30 minutes chart that a range of 293-283 has been broken. The range was intact since 10 days approx. ICICI on daily chart is also bearish. So i recommend shorting ICICI BANK @280-285 with STOP LOSS of 293. Target 270. Though the risk reward ratio is less but i will still short because of the weakness in the counter. Good Luck guys .
Hi All , No naked put /call /buy /sell Lot size 2750 (Risk is 30% of premium i.e 7*2750=19250), so if you have 2 lakh capital than take it or its not for you. Buy Apr 280 call @ 13.5 Buy Apr 280 put @ 7.5 Try to buy As close as possible to 280 so wait patiently , If price goes to 290 than you try to buy 290 put /call pair@ 21 Remember to buy as close...
i see a good probability of theis stock going to get strength on monday see a two day trade setup to go long for 1909 and 1935 target !
IT FEELS THAT IT has still a good upside left !
i feel that the stock can be good to hold for a short time span as the indicators are bullish and overall trend looks enough positive by keeping a trailing stop loss would like to go long on this stock !!!!!!! for atleast upto next 2 months!
ICICI is on a bood or doom mission taking support at a very strong base trend line. Witness a high income trade in a day or 2 Sell below the trend line (290) for a target of 270 or below. Buy above 295 for target of 302 / 312 in a few days
Limited upside left, Downtrend about to start, SHORT with SL 326 for the target 300
ICICI Bank bullish on bearish trend so make a small trade.... Trade Buy above - 277.95 Target - 279.55 SL - 276.95
Short Near 308-315 Stop Loss 325 Target 265. then Buy Near 260-265 With Stop Loss 245 For Target 300. Buy or Short at only levels.....