ICICIBANK
ICICIBANK : 15min chartICICIBANK forming triangle patter on 15min charts
we have good volume here. Keep eye on this for intraday.
TheCharts
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
ICICI Bank (Make or Break Zone)ICICI Bank is trading at important support zone of 640.
Good opportunity to trade:
Buy if fails to break 638 with 635 Stoploss.
Sell Below 638 with Stoploss at 645.
Swing Trade in Futures with Hedge.
(Levels as per Spot and trade in FnO)
Apart from Support zone there is clear rising wedge pattern visible on the charts so max chances we will get Short side trade on Monday.
I am sharing probability of best trade to get on Monday. Please do analysis for better risk management.
Like if you Like.
ICICI Bank - My view🔰 MY thought process :
⭐Taking multiple support on the same trend line. well, here the stock is again .
Think and plan your game with risk u can afford :)
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
ICICI Bank: Chart set up and Trading strategy...!!!ICICI BANK
Chart view and strategy suggested in chart
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
ICICI Bank 31/5/21 Monday The volumes have been decreasing as you can see. And a strong bearish candle followed by indecisive candle has appeared on the chart.
The levels are currently strong and accurate and one can truly rely on them.
Use strong trading signals to justify this analysis and then trade.
Trade Wisely and Smartly.
ICICI Bank - Beautiful Parallel channel on 1hr 🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is moving towards ATMs
⭐I see a good 1hr channel pattern here opening upwards
⭐A very decent trading setup would be activated when it touches the 1hr support zones ( the lower line of the channel I made) and makes a bullish candlestick pattern :)
⭐Trade type: swing
⭐Pattern: parallel channel
⭐Buying on support and selling on resistance will be the setup type :)
⭐Risk will be minimal, SL below your entry candle, reward: top of the channel ( in this case it can also Touch ATM where some profit booking will take place )
⭐When not to trade this pattern: if it gives a close below the trendline don't trade leave the setup and trade :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>