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ICICIBANK

ICICI BANK ( Looking to invest 💥)Add this to watchlist and wait for entry.👁️‍🗨️ For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "972" . Trade carefully untill ENTRY level. . Entry: 972 target: 975 - 985 sl: 965 -960 major stoploss/ support: 960 . . Enter only if market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer over old posted idea attached below.
NSE:ICICIBANKLong
by TheNuraTrading
2
23rd Oct ’23 - BankNifty is well below the 28th June levelsBankNifty Analysis BankNifty on the other hand had a gap up open, thanks to the excellent results from ICICI Bank. To a great extent, BankNifty resisted the down move on Nifty. Even till 13.55, it was only 0.17% below the previous close. But right after that, it fell like a house of cards. Whatever support ICICI gave till then was undone. ICICI ended up closing negative 0.3%, remember that it stayed green till 14.55. An intraday swing of 2.06%. BankNifty also broke 2 supports today, 43404 and 43253, both of them after 14.55. These supports offered no protection today, the momentum to cruise through was that strong. Fortunately, the 43012 support (3rd support) was held today. On the daily time frame, BankNifty has already undone the 28th June adventure. We are now trading at levels seen in the first week of May. The next major support after 43012 comes at 42576 and then at 42130. Going by the depth of the red candle today - it is quite likely that we retest those levels quickly.
NSE:BANKNIFTYShort
by viswaram
1
17th Oct ’23 - BankNifty still neutral till 44650 - PostMortemBankNifty Analysis BankNifty also had a similar chart pattern as of Nifty50. A gap-up open of 345pts ~ 0.78% and then a steady period till 13.20. Fell 208pts ~ 0.47% in 50mts and then recovered for close. HDFCBK did quite well even after the declaration of the results. The gap-up on hdfcbank was the main reason both Nifty and BankNifty had an unusual start. In fact HDFCBANK had a similar chart as that of BN as well as N50, except for the period 13.20 to 14.10 wherein HDFCBK fell only 0.38%. The fall in Kotak, ICICI, AXIS were quite strong in that period - is it telling us something? Yesterday also we decided to go with a neutral stance, today we are sticking by that again. Despite the gap-up today we were not able to break through the 44650 zone i.e. above the double top level. For bullish momentum to pick up, the only thing BN has to do is negate the double-top zone. If we are falling, the level to watch out for is 44068.
NSE:BANKNIFTY
by viswaram
ICICIBANK Long Opportunity (Inverted HnS formation)ICICIBANK is forming an Inverted Head and Shoulder pattern on hourly timeframe. The stock has bounced off it's lower longterm trendline and now has formed a range. We can expect the price to test the ATH Levels after breakout. Above this level, the stock will also cross above 50 MA on Daily timeframe so that gives more confidence. Stop Loss: SL for this trade has to be 936 Entery: Entries can be made once the price crosses and closes above 962 at least on a 30 min TF. You can also wait for retest of the resistance for better risk reward. Target: Targets can be 1000+ & New ATH
NSE:ICICIBANKLong
by ST_SNOOPY