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.
ICICI Bank looks overbought on RSI and a doji formation suggests a double top formation, the chart is pretty self exploratory. Always trade with SL ! ! !
Hi Guys, Support and resistance marked with trend line. Any side break will give you 0.5-0.8% one sided move. Please keep SL and position as per your risk. Note - This is just my view. Please do your analysis before taking tread.
#Watchlist #ICICIBANK Monthly (Multiyear Chart):-CMP 874.4 Looks Good Above 880, ICICIBANK Ready For Big Blast :) #Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions. #StockToWatch
ICICI although a good bank, should be avoided for going fresh longs at least for the next few days or months
ICICI has formed a symmetrical triangle probably can give a breakout in a week or so. Still the market is weak keep look at the support and if it breaks down can be good for long. **Only for Knowledge**
This 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.
ICICI BANK seems good bullish momentum in weekly. And also breakout the channel in daily chart. If price sustain above 755, rally may continue upwards to the mentioned Targets. keep concentrate, if move downward 729 act as a retracement lvl.
This idea is a follow-up to Icicibank You can check the Link to Related Ideas ( Detailed analysis done in 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.
Key Reference Points for Icici Bank Futures for tomorrow i.e. 7th Aug 2022. These Reference Points can help one to initiate or exit a trade. I am not Sebi registered. This is for education and research purposes.
ICICI Bank is near to all-time high with solid volume and marubozu candle, it seems it can touch the 860 level again.
ICICI Banks' fundamentals are solid and efficient as of this quarter. Even the technicals support its growth. If on Monday ()8-08-2022) ICICI Bank stays strong, it will be touching its ATH indeed! Fundamentals of the bank have been so good and bright for so long now it YoY growth is superb add to that it has a great scope in improving its CASA ratio. NII Growth...
ICICI Bank looks bullish and is trading above the 200 day moving average. Can see a upward move to 840-870 in the short to medium term. The neckline of a double bottom pattern at 756 can act as a support, however, if that breaks 733 is the next support zone. If 733 fails to sustain on the downside then a move below 700 is possible. Always plan your trade with...
ICICI bank giving breakout on downtrend line resistance and giving positive divergences on macd indicator although traders be careful as tomorrow it will announced its quarterly results Cause of Long 1- Downtrend line resistance breakout and closed above 2- Macd giving positive signals for coming momentums too
I had bought this stock at the price of 780. As per my pri-research for this stock price was 777 but i wait for confirmation and I bought 1000 qty lets see what happen.
PRZ: 805 - 823 Wait for bearish candlestick pattern to form. (SL - 836, Tgt - 780) Preferred Strategy: Bear Put Spread
Already run up a lot on anticipation of good results.. But in the backdrop of good results.. Levels for this week upside can do 640+ downside 774-771 (if at all) good support. Happy trading...
Hello , ICICI BANK go for the short. overall uptrend are finished here at the level... go for a good profitable target of down trend.