NSE:ICICIBANK Observations: 1) On 1day time frame, it is trading above 200DMA. 200DMA is placed at 673.87 level. Also it has immediate support at 700 level. On Daily time frame , it has also made rounding top pattern. Neckline is at 709. Better to avoid trade between 700-709 level range. If it trades above 709/710 level then we can see failure of...
I hope you can now see how ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
On Thursday(16/12/2021), we saw many banking stocks close in the red. The indices, also in red, closed above 36,500. Well, we know it's an important level of banknifty. It also important to watch how Banknifty is going to perform. * ICICI BANK, with a weightage of 5.84 percent NIFTY50 stock, is down nearly 18 percent from its recent high, making now an good time...
NIFTY 50 EOD ANALYSIS 15-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17323.65 H 17351.20 L 17192.20 C 17221.40 EOD -103.50 points / -0.60% SGX Nifty 15-12-21...
the biggest private sector lender looks tired at as far as i see although dont expect a very heavy fall a time correction possibility in the counter seems very high i see it in range 1340 to 1580 for coming 1 year ahead my view will negate on closing above 1567 mark on weekly frame
Trade on your own risk . I will not be responsible for your loss or profit wait for double confirmation .. You will get perfect entry after that as weel as perfect stoploss and target
ICICI bank Formed a bearish Harmonic XABCD pattern Levels and tgt are given on the chart
ICICI Bank long view its negative buy only if crosses the high 757 and sustain above it. on long the pattern shows negative and a fall of 24% to 40% possible based on previous pattern. please note it is as per my analysis.
ICICIBANK Buy-Above 745 Sl- 707 T-800 810 All banking stocks seems to bottom out. There is trendline breakout in hourly and daily timeframe in this stock.
as we can see it was moving well in rising channel and finally broke out upside but hey wait ! you could have waited to retest this channel line to enter for long and if go by the books if you miss the long journey it is high time you entered it when channel line or trendline is retested. Now i have combined this upper channel line with bullish ab=cd pattern and...
ICICI BANK as per weekly chart analysis today in the daily chart with a gap up it has broken the consolidation zone and in the uptrend momentum. Once it breaks 766 level then the stock target 800 level achievable.Before that there could be a consolidation as per weekly chart and lets see whether this time the stock consolidates or moves up to target.
NIFTY 50 EOD ANALYSIS 08-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17315.25 H 17484.60 L 17308.95 C 17469.75 EOD +293.05 points / +1.58% India VIX...
after the fall its recovering and we can expect a good up move soon in the coming months as the results were good this quarter
,NIFTY 50 EOD ANALYSIS 07-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17044.10 H 17251.65 L 16987.75 C 17176.70 EOD +264.45 points / -1.58% India VIX...
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish reversal from support. Trend line support and 100 SMA support seems to be coinciding. Relative strength is more than Nifty as well. SL: 692/-
ICICI Bank has given breakdown from a consolidation in a range we can short tomorrow if momentum in down side continuous in ICICI Bank
I see it on a crucial support. One can trade based on the breakout on either sides. Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
NSE:ICICIBANK #ICICIBANK Trading@support level and high chances to break, All levels mentioned on chart. Levels marked either ways for safety.