Here, ICICI bank is making a symmetrical triangle pattern in an uptrend. We can also say that it is a flag in form of symmetrical triangle. As prior trend is up, a break on upside can push the prices higher. Disclaimer: only for educational purposes.
ICICI bank's price action looks good for about 50 points on either side depending on which side of the small narrowing wedge (nested inside larger widening wedge)
This is ICICI monthly timeframe chart, which has a major trend as an uptrend. In this, 1 to 4 waves have been formed and to complete the impulse module, the 5th wave is going to be made. The third wave is extensive. The wave count of it is a bit unclear. When we count the minor waves of the 3rd wave, the 4th wave of minor waves is overlapping. But if we see the...
ICICI Bank is at top end of the channel and made a nice red candle, hence might be short term top if does-not break today high. Hence good shorting candidate with minimal stoploss.
A correction phase has begun. RSI falling. If it breaches 762 level, can give a good buying opportunity around 709-715 levels. A downward megaphone pattern, if continued, can be the cause of a steep fall.
After a long parallel channel support with retracement at .5, one can long ICICI Bank with small SL
As per request of People. In ICICI go for short . Now in Downtrend and also retraced level of 0.3. Best time to short selling. Also form Bearish Engulfing. CMP: 781.15 Target 1: 753 Target2: 709 You also go for Long term buy on dip strategy with five time investment. Feel free to share your feedback and queries. If you want to know about your stock please...
On Date 28/01/22 The ICICI Bank Made a Bearish Engulfing pattern on Daily time frame.
Watch ICICIBANK for good move, for long position, ignor down side.....
There is a possibility of ICICIPRULI gapping up and falling on results. Positionally it is creating an Inverse Head & Shoulder Pattern on the daily chart, expect a break out around the budget. Could create candles like 19-20 Oct in short term . See other studies done in the past, this could be 4/4. Leave a like if you find it interesting.
ICICIBANK Formed Double Bottom Pattern and has given a breakout. Wait for a retest and based on that, one can look for buy side entries. We can see the rise in volumes which shows that buyers are in control. Please HIT the like button, this motivates us to make more such analysis. For more such trading content follow us on ( @tradechefofficial )
Expecting good gap up in BNF as ICICIBANK has given wonderful results. If BNF sustains above 37960/38000, we can see more upside in Intraday If support level of 37480 breaks we can see good downfall in BNF Future, supports are mentioned in the chart
NIFTY50 may open gap up because of good Q3 results of ICICIBANK, if nifty sustains at the upper levels we can see levels of 17800/17950 in NIFTY Future. If on the lower hand levels of 17500 breaks in Nifty Future we can see levels of 17450/17320 in Nifty Future
ICICIBANK has posted exceptional Q3 results and is expected to open gap up on Monday, we can expect to see levels of 820-840 on Gap up, if this gap up sustains we can also see levels of 850/860 Intraday itself, If there is no gap up, these levels can also act as Intraday Resistances
KOTAK BANK Intraday support and resistances 24/01/2022
HDFCBANK intraday support and resistances for Intraday 24/ 01 /2022
Hi This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week if you have any query, than write in comment box. Thank you.
Despite a considerable gap down opening, the indices were able to recover well in the last half an hour. This was largely thanks to stocks like ICICI Bank, HDFC Bank, Reliance, etc. With Reliance earnings announcement scheduled for today, could the markets be ready for a 'dhamaka' on Monday?