Stock continuously outperforming banknifty currently at ATH : shows strength in price structure
Technical Analysis of: NSE:ICICIBANK The Elliott waves Cycle Oscillator is indicating a detection of an impulsive (ascend) wave. The Elliot wave is showing an IMPULSIVE movement, showing an UPTREND . From 653.50. The waves 1, 2, 3 and 4 is completed at 653.50, 545.80, 664.60 and 620.30 respectively. From the point 620.30 wave 5 is starting and projection...
We can see a double bottom in 1 hour . we can expect the price to be moving above forming a ' W ' pattern . we can expect the price to be going above 665. But there is still a little chance of the price bouncing back at 643 resistance if it bounces then there is chances for the price to drop till 593
ICIC Bank is trading in a range which is narrowing. Breakout or Breakdown may give a good trade. Long Bias. Happy Trading
Simple S/R levels based on trading range. Enter and wait for MFI to fall some before the up move proceeds.
Looks good at 685 for positional. Sl below the breakout area.
Details in the graph itself.
After a long time "ICICI Bank has given a breakup, there is a high possibility to give big move in coming days
Cup and Handle Patten In ICICI Bank so there is high chances of breakout tomorrow
All scripts posted here are only for study purpose do your analysis before taking any positions
icici bank chart analysis for intraday and swing trading
ICICI Bank has been consolidating for a while and then it's on the verge of an All Time High breakout. The last Friday candle is on above average volume and is respecting the trendline. The quarter results released is fantastic and hence this stock has very high probability for a good breakout trade on Monday.
NIFTY 50 EOD ANALYSIS -23-07-21 IN SUMMARY Open / High / Low / Close 15856.05 / 15899.8 / 15768.4 / 15856.05 Trading Range Low to High: 132 points Likely Max Realistic Opportunity @ 50%: 66 points India VIX: 11.76 / -1.09% FII DII activities: +2,000 Crores NIFTY 50 EOD 23-07-21 DAILY CHART CHART BASED CONCLUSIONS Nifty Open = Close signals an indecisive...
NSE:ICICIBANK can show good momentum if it crosses 680. Volumes are also fine.
NIFTY 50 EOD ANALYSIS -22-07-21 IN SUMMARY Open / High / Low / Close 15736.6 / 15834.8 / 15726.4 / 15824.05 Trading Range Low to High: 98 points Likely Max Realistic Opportunity @ 50%: 49 points India VIX: 11.89 / -9.99% FII DII activities: +700 Crores CHART BASED CONCLUSIONS A 202-point recovery reads interesting. However, in effect, we have ended the...
∘ Taking multiple time Support ∘ Expanding Rising channel
I don't know what patter you guys see her...I'm seeing an inverted cup and handle. Sell this stock at 1710 Stoploss 1745 Target 1610