ICICI SECURITIESICSE on one day timeframe shows the stock is on an uptrend on long run, the stock broke the resistance zone and gave a big up move, and now the price is back again below the resistance level, if the same resistance level gets broken again we might see a big up move.
Icici
ICICI BANK MAY HAVE A CORRECTION. RISING WEDGE PATTERNICICI bank's price has been forming a rising wedge pattern which has got broken today.
According to the height of the pole and XABCD bullish shark pattern, the target is set at 647.
The trade setup is to buy ICICI when it reaches 647 or short if there's a pullback to confirm the fall.
The stoploss here is to place at C according to both the patterns, which is not a good risk-reward ratio. So, try to buy when the price falls to 647.
Happy trading :)
This is just for educational purposes.
Ascending triangle in ICICI Bank Ascending triangle & double top breakdown and resistance .
what is Ascending triangle?
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
will it retest the support ?? if yes. then we can enter when it fails to break.
entry level is 721, 720 or 719
stop lose is 716 or 715
below 712 it does not look good
max target 740rs according to ascending triangle
735 is the best target according to me.
icici securities big breakout for long term investmenticici securities are one of the best companies in the stock market. recent daily chart breakout is saying for a big trend in this stock. go with it and you will get great returns.
Simple Trade Setup | ICICIGI | 20-09-2021NSE:ICICIGI
Observations:
1) On 1hr time frame it looks like a bullish pennant pattern.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 20-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
ICICI Securities - Long There is an evident bullish breakout in a weekly candle. Enter long to surf the tide...
If the local factors remain weak and the whole market falls keep your SL when the Daily candle closes below 376.
Use fib extension to set your targets. Happy trading!
ICICI SECURITIES HORIZONTAL BREAKOUTISEC is about to break horizontal resistance and move for the given targets. note that i prefer to hold my stocks till 1.618 fibonacci levels and that is why the risk reward ratio becomes favourable.
ICICI Bank- Taking flightICICI Bank has broken into unchartered territory with attaining an ATH. I have also plotted the Fib retracement for the fall in March 2020 and the chart pattern has played out the Support n Resistance levels at the the key levels of Fib retracement. Now the chart has also broken the 1.618 level mark and expect it to continue its upward journey to the next level of 2.618 which shall be somewhere close to 981. There is an immediate support zone at 670-680 levels which was the immediate resistance which was broken recently. The vol. profile levels from 1 to 1.618 show a strong value zone at 625-630 levels which shall act as the medium term support.
Guys let me know if you can value add further on this analysis. Let me also know if I am going wrong in the analysis.
ICICIBANK Long ( Double Bottom )We can see a double bottom in 1 hour . we can expect the price to be moving above forming a ' W ' pattern . we can expect the price to be going above 665.
But there is still a little chance of the price bouncing back at 643 resistance if it bounces then there is chances for the price to drop till 593
#94 CORRECTED MACHI ✌️ #94 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
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