Go long if stock opens flat or gap down and then breaks the Trendline. Also rounding bottom formed on 15 min time frame
The Stock is more likely to rebound soon
weak so a short sell setup with levels in insurance company icici gi
Recommend Buy trade which could be profitable for a price target of 620 with a stoploss of 570. Target 1 - 605 Target 2 - 616 Target 3 - 635 DISCLAIMER: This publication is intended for EDUCATIONAL purposes only.
short icici bank , breakout given
Possible support and bounce back at around 591-592 Stop loss at 583 Target at 606/625
ICICI bank might have taken a good support as indicated. Keep this on radar. Might be a good candidate to play the bounce. Please like and follow. NSE:ICICIBANK
RSI did not make a new high when price made a new high ie. negative divergence
Currently, ICICI is taking support of it's major trendline and also trading in a support zone. On the other hand, it has already given breakout of upper trendline and in a retesting phase. A pullback is expected from this level to complete a channel pattern shown in the analysis. Lets see if it performs the way we think.
SHORT ICICI BANK FOR A TARGET OF 590 CHART PATTERN AND VOLUME - IS EVIDENT FOR DOWNSIDE
Im Not SEBI Regt. Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.
SWING TRADE on 15min. TF ICICIBANK CMP: 633; T1: 640; T2: 680; SL: 615; -Mohit Rajani
Im Not SEBI Regt. Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.
Now Icicipru won't rise until it closes above 538 on Day Closing Basis. Closing Price - 499.7 Any Rise Close To 525-530 Sell It In Future With Strict SL Of 538 (DCB), Target - 10-15% From Selling Price..