ICICIBANK
Long opportunity for ICICI Bank.It has formed an ascending triangle pattern.
I am suggesting an aggressive view here.
It has the strong support of higher volume levels.
Buy at the current level of 349.10
Target 1 -379 (Upper line of Triangle).
Target 2- 399 ( If it breaks 379 level with a strong green candle and high volume then it next plausible target. There is resistance of R2 pivot point at 399)
Target 3-439 ( On the basis of Triangle retracement it can touch this point and also There is R# pivot point where it can take resistance)
In addition to that, Bank nifty has shown a bullish trend which will corroborate this position.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1755.30
FIRST TARGET~1769.15
INTERIM RESISTANCE~1783.50
FINAL RESISTANCE~1801.40
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LOWER BREAKOUT~1736.85
FIRST TARGET~1726.10
INTERIM SUPPORT~1713.55
FINAL SUPPORT~1688.45
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFCBANK KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1066.55
FIRST TARGET~1079.05
INTERIM RESISTANCE~1093.95
FINAL RESISTANCE~1111.40
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LOWER BREAKOUT~1049.05
FIRST TARGET~1038.50
INTERIM SUPPORT~1027.25
FINAL SUPPORT~1014.65
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21803
FIRST TARGET~21968
INTERIM RESISTANCE~22171
FINAL RESISTANCE~22423
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LOWER BREAKOUT~21495
FIRST TARGET~21336
INTERIM SUPPORT~21171
FINAL SUPPORT~20836
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10435
FIRST TARGET~10481
INTERIM RESISTANCE~10531
FINAL RESISTANCE~10593
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LOWER BREAKOUT~10336
FIRST TARGET~10295
INTERIM SUPPORT~10252
FINAL SUPPORT~10200
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI Bank may move from hereAs we can see in the 30minute chart that ICICI Bank may move from here but if it break the bottom support line then it will bearish for upcoming days. I will say that keep an eye on ICICI bank if it holds the above line then only enter into the trade for the target of 370/380. But keep a strict stop-loss at 334.
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 WEDNESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~22366
FIRST TARGET~22459
INTERIM RESISTANCE~22571
FINAL RESISTANCE~22681
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LOWER BREAKOUT~22238
FIRST TARGET~22152
INTERIM SUPPORT~22048
FINAL SUPPORT~21921
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI Bank Testing trendline-Short term positional tradeNSE:ICICIBANK Short term positional trade
ICICI Bank is testing weekly resistance and approaching upper trendline, Expecting trendline break or rejection
Can go long at post a confidently sustaining above 365 with 370,375 as targets
Inaction if ICICI Bank is unable to sustain above 365
Disclaimer- I Am not a SEBI Registered financial advisor
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1033.90
FIRST TARGET~1041.95
INTERIM RESISTANCE~1049.10
FINAL RESISTANCE~1061
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LOWER BREAKOUT~1023.90
FIRST TARGET~1015.95
INTERIM SUPPORT~1008.75
FINAL SUPPORT~998.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21806
FIRST TARGET~21937
INTERIM RESISTANCE~22093
FINAL RESISTANCE~22276
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LOWER BREAKOUT~21675
FIRST TARGET~21548
INTERIM SUPPORT~21363
FINAL SUPPORT~21196
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
KOTAK BANK KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for KOTAK MAHINDRA BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1258.40
FIRST TARGET~1270
INTERIM RESISTANCE~1284.90
FINAL RESISTANCE~1297.35
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LOWER BREAKOUT~1235.25
FIRST TARGET~1221.15
INTERIM SUPPORT~1209.90
FINAL SUPPORT~1196.90
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for RELIANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1620.05
FIRST TARGET~1628.35
INTERIM RESISTANCE~1635.80
FINAL RESISTANCE~1642.35
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LOWER BREAKOUT~1605.65
FIRST TARGET~1595.55
INTERIM SUPPORT~1584.65
FINAL SUPPORT~1571.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~986
FIRST TARGET~994
INTERIM RESISTANCE~1000.75
FINAL RESISTANCE~1006.45
LOWER BREAKOUT~979
FIRST TARGET~968.40
INTERIM SUPPORT~962.95
FINAL SUPPORT~956.30
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 EXPIRYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20324
FIRST TARGET~20491
INTERIM RESISTANCE~20645
FINAL RESISTANCE~20800
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LOWER BREAKOUT~20099
FIRST TARGET~19950
INTERIM SUPPORT~19756
FINAL SUPPORT~19568
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 EXPIRYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9939
FIRST TARGET~9976
INTERIM RESISTANCE~10018
FINAL RESISTANCE~10062
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LOWER BREAKOUT~9833
FIRST TARGET~9790
INTERIM SUPPORT~9740
FINAL SUPPORT~9687
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.