ICICIBANK
Long In ICICI BankDear Friends, I am looking buying opportunity in ICICI bank in a daily time frame. looking for an opportunity for next week's move.
ICICI Bank Breakout!!ICICI Bank is forming a parallel channel and could give a breakout below. Targets and execution levels are mentioned. There is also a kind RSI Divergence forming.
ICICI Bank ICICI bank is a fundamentally strong bank. The underlying trend is bullish. Add on dips. The finance sector still has massive upward potential. The mid-Term target of 500.
ICICI BANKNote:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
Follow me to Learn and Earn with Me.
Happy Trading
Formed Descending Triangle NSE:ICICIBANK has formed a descending triangle and also moving around dynamic support of 50 EMA (1H). Likely to give a breakout.
BANKNIFTY KEY LEVEL SUPPORT AND RESISTANCE INTRADAY 19/11/2020 BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE FOR INTRADAY 19/11/2020 THURSDAY EXPIRY
TRADE WITH STRICT STOP-LOSS AND FOLLOW RISK MANAGEMENT
NIFTY KEY LEVELS SUPPORT & RESISTANCE INTRADAY 19/11/2020 EXPIRYNIFTY50 KEY LEVELS SUPPORT AND RESISTANCE FOR INTRADAY 19/11/2020
TRADE WITH STRICT STOP-LOSS AND FOLLOW RISK MANAGEMENT
ICICI Bank Trade Plan for 18th NovemberOn 17th Nov, no major action happened in ICICI bank . ICICI bank gave a dip towards composite POC at 480 and bulls took control and closed near day high. This confirms bulls pretty much active in ICICI bank. ICICI bank is now on verge of a good upside breakout. Below are plans for 18th Nov. Basically plan remains same as 17th November.
1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524.
2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480.
3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news.
Remember ICICI bank is a major constituent of BankNifty . Dont remain short in BankNifty if ICICI bank gives upside breakout.
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
ICICI Bank : Cup & Handle pattern NSE:ICICIBANK is Consolidating in a range with cup and handle pattern indicates a possible breakout.
ICICI Bank Trade Plan for 17th NovemberOn 13th Nov, ICICI bank opened below 472 level. However It was a failed breakout and bulls took control from there and closed at day high. this 472 level is now good support. ICICI bank is now on verge of a good upside breakout. Below are plans for 17th Nov.
1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524.
2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480.
3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news.
Remember ICICI bank is a major constituent of BankNifty. Dont remain short in BankNifty if ICICI bank gives upside breakout.
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
JKTYRE INVESTMENT FOR DIWALI 2021 MUHURAT STOCKJKTYRE READY FOR INVESTMENT FOR UPSIDE LEVELS OF 85-99-120 IN NEXT 8-12 MONTHS
VOLUMES ARE REALLY GOOD AND CAN SEE GOOD UPSIDE IN NEAR FUTURE
IDFCFIRST BANK FOR DIWALI 2021 INVESTMENT MUHURAT STOCKIDFC FIRST BANK IS READY FOR INVESTMENT FOR TILL NEXT DIWALI 2021 AND CAN SEE LEVELS OF 50-60 IN NEXT 6-8 MONTHS LEVELS ARE MARKED ON THE CHART
L&T FINANCE HOLDING FOR DIWALI 2021 INVESTMENT MUHURAT STOCKL&T FINANCE IS READY FOR INVESTMENT FOR TILL NEXT DIWALI 2021 AND CAN SEE LEVELS OF 90-120 IN NEXT 6-8 MONTHS LEVELS ARE MARKED ON THE CHART
NATIONALUM FOR INVESTMENT PURPOSES WEEKLY CHARTNATIONAL ALUM IS READY FOR INVESTMENT PURPOSES AND CAN BE SEEN TO REACH GOOD LEVELS IN NEAR FUTURE
TARGETS ARE 38-42 AND LONG TERM TARGETS ARE 58-60+
