ICICI Bank: Results DhamakaLooks at Crucial Resistance point, Last time when it broke; It didn't sustain.
With the Results season starting; one can expect high volatility in the stock. Reports say, small ticket and SME loan defaults have increased,I wonder how much it would impact the Bank's Bottom Line. If Strong buying with Volume is seen at current levels, one can expect a move up.
ICICIBANK
ICICI Bank: Chart set up and trading strategyICICI Bank
Observation
- 20 day EMA is at 636
- 50 day EMA is at 626
Given the set up, one may consider a Bull Put spread strategy
Sell 620 Put option around 9 - 10
Buy 600 Put option around 4 - 4.5
Lot size 1375
The strategy has a yield potential of 12.7% approximately on margin requirement & has an inbuilt loss protection for a fall in price up to 615 till 29 July expiry
Take care & safe trading
Terrific Thursday? Nifty, Banknifty, Top Stocks analysis + levelNifty50 and Banknifty yet another bearish biased day. Gap up open with gap-filling for the THIRD time! No relief rally either...
Where do you think the stock market is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
I also take a look at reliance, hdfcbank, infosys infy, hdfc, icicibank,kotakbank, sbin, axisbank
Banknifty might have decided it's path. Index analysis stocks.Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660, 15,733, 15,750, 15,835, 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Nifty and Banknifty analysis for tomo with levels & top stocksImportant Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
The Bulls Are Back! Nifty, Banknifty, top stocks analysis!Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733 --- 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640 --- 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
ICICI PRULI 👓👓 lets rakita rakitaLooks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Hello Bears! Nifty & Banknifty analysis w/ levels & top stocksBoth, nifty50 and banknifty saw a bearish Thursday expiry.
After the gap down open, there was a brief attempt to reclaim highs, but selling pressure came in around 50MA on the Hourly chart for Nifty and around 34,870-34,700 for Banknifty.
There was a minor relief rally towards the end preceded by a shakeout, this time at 1415h instead of after 1430h. Hero-to-zero trades might have been tricky given that option decay was very high, even for next strike options.
Banknifty is testing the lower channel and 38.2% FIB level while Nifty is still comfortable within the cobweb of supports and resistances we've discussed before.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
ICICIBANK LONG.ICICI BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback.
A long trade can be initiated on the daily timeframe .
LONG ABOVE :646.2
SL : 636
TGT 1 : 656.4
TGT 2 : 666.6
All explanation and levels marked on chart.
A weak day! Nifty, Banknifty analysis with levels & top stocksNifty and Banknifty both saw a weak day today, with higher levels being rejected after a weak intraday momentum.
While option decay was present, trying to go contra might have yielded a better RR as even though the broader bias appeared to be on the downside, we did see a few very strong spurts, especially the first candle in Banknifty.
So let's analyse #nifty and #banknifty candle by candle. Along with the top stocks, Reliance, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Bank, SBI Bank, Axis Bank.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,660, 15,733, 15,750 --- ....15,986 (don't want to pick tops)
Levels for Banknifty: 34,640, 34,800 --- 35,011, 35,250, 35,340, 35,400, 35,529,
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)
#HMVL CMP103.90 #TARGET 197 #RELIANCE #INFY #HDFC#KOTAKBANK #ITC#HMVL
NSE: HMVL
Short Term Quick Profit
CMP 103.90
Target 157.90
SL : 78.05
Timeframe < 60 Days
Can hold for longer time
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
Nifty so close to 16k! Nifty, Banknfity, top stock analysis!Nifty is just a smudge away from 16k! Private banks, Media and Realty stocks did quite well today, with PSU banks and many other sectors retracing.
Interestingly, Banknifty saw some strength in the second half, but Nifty saw some selling.
Let me break it down for you, candle by candle. Along with the top stocks, Reliance, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Bank, SBI Bank, Axis Bank.
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,660, 15,733, 15,750, 15,835 --- ....15,986 (don't want to pick tops)
Levels for Banknifty: 34,640, 34,800, 35,011 --- 35,250, 35,340, 35,400, 35,529
What's your nifty prediction banknifty prediction for tomorrow? What was your nifty banknifty trading like? Let's chat in the comments :)