Time to Swing buy icici bank for swing for the target of 530 Hit like if you believe icici bank will go up
As per monthly and weekly analysis shown on chart, First support - 465 Second support - 390 Worst case support - 330
Banknifty still having selling pressure Don't even think to buy any bank nifty future or CE . Even Dont buy bank stocks for now If the market open flat or small Gap up or Gap down then we can still short it or other bank stocks like axis , icici , kotak bank short Gap level's indicated by blue lines Wait for a signal if you are trading on indicators for...
already falled much 2 % is big now it will go uptrend to sideways Took trade at 507.50 stoploss of 505 : 2.5 points target of 512.50 : 5 points RR ratio : 1:2 banknifty also at important 30400 round level support if bank nifty also help can trail to big target of 10 points
ICICI AS PER ELLIOTT WAVE WEEKLY 5 POINT COMPLETE LETS SEE NOW IM SHORT HERE
ICICI bank received strong support at the trend-line as indicated by the arrows. By theory, a previous support acts like a resistance. ICICI bank is at that levels again and could find stiff resistance. But if decisively broken, then the move could be huge. Like and follow. NSE:ICICIBANK
We can see there is a strong support zone. The stock has already stared forming a rounding bottom. Upward move can be seen in the coming days.
If the Current price is forming an excess then price again will get attracted on the Gravitation Line . Or there can be a Breakout ! So the price will start its upward Movement.
NSE: ICICIBANK Looking Bearish :- Go For Short-Selling
BUY ABOVE 515 TARGET 522 STOP @ OWN COMFORT REASONS - APPLY COMBINATION OF CANDLE FORMATION, ADX, RSI >>> 2 INSIDE BODY >>> RSI @ STRONG BUY >>> ADX ABOVE 30, +DI > -DI disclaimer - for study purpose only.
Close below 499 it may be down to 496 to 480 then only upside will be start. matter is stock getting to cross under prrevious low and it should make structure down to lower low Also friends some times wicks are playing no problem not consider wick in this scene wicks are play for stoploss hit Becare
As per 15 min Chart Retracement are running, so correction 5th wave is remaining so stock comes down to make close the below previous low of 499 then it will be boom to next uptrend so becare After the stock boom to uptrend
As per Chart 15min icici bank get small retracement then it will go up
NSE: ICICIBANK Looking Bearish Go For Short-Selling