ICICIBANK
ICICI BANK - DAILY CHART - 26.09.2022 - BAHAVAN CAPITALICICI BANK as per Daily chart analysis stock Below 859 then Target is 841.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183.
I have Bought Vedanta and will continue to buy more stocks during this correction.
Happy Profitable Trading to all..
Happy Navaratri wishes to All...
ICICI Bank (Bullish Structure)NSE:ICICIBANK
Hi Everyone
This is an chart of ICICI Bank same as the structure of Bank Nifty where we are in a bullish trend which has been extended.
Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series.
Completed wave M1 and we are in correction of wave M 2. We likely to go up as long as we are above invalidation Level.
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ICICI BANK Analysis - Weekly TF(17 Sept)1) Wave 5 took a resistance at 1.236 level of wave 4
2)Printed pin bar at Fib resistance
3) Top of parallel channel
so we can conclude high possibility for reversal(impulse wave completed)
Target:
Correction wave Started with Target of 435(0.5 level of Fib - long term )
ICICI Bank Intraday trade setup for 13 SeptHi Guys,
ICICI Bank support and resistance marked with trend line .
Either side breakout can give you good return.
You can take intraday position as per your analysis.
Note - Please do proper analysis and maintain strict SL before taking any trade.
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ICICI BANK CONTRA Icici bank looking weak on daily chart by breaking a curved support trendline and giving a bearish divergence on RSI indicator it is so early to say by only one candle for a breakdown in it but both things are indicating coming bearishness in this stock by the chance Indian indices also looking supported for contra trades in coming sessions.
Target 2 achieved in Icicibank | 14% moverThis idea is a follow-up to Icicibank
You can check the Link to Related Ideas ( Detailed analysis done in the 10th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.