ICICIBANK
ICICIBANK DOWNWARD TREND BROKEN ICICIBANK saw selling pressure after reaching 679, falling to 606. now it seems to have broken its downward trend and might consolidate before beginning its upwards trend.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views and suggestions, I am still learning.
Best opportunity to make good money in ICICI Bank.ICICI bank is going bearish. All markets were also red today. Now it is on a crucial level. It may fall down tomorrow. There are least possibilities to get a bullish movement. It seems a best opportunity for intraday as well as for swingers. RSI is also generating a sell signal and in 5,15,30 minutes time frame price is under 50 and 200 EMA which will give resistance. It seems a best opportunity to make good money.
If you are a safe trader than take entry after price crosses 200 EMA in 1 hour time frame else take entry after few minutes of crossing trend line. analyze on your own before taking any entry.
Please comment your opinions or to suggest something.
Thanks!
ICICIBANK OVERSOLD ICICIBANK looks oversold. Support level at 625.5
Looks good for short term gain.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views, I am still learning.
ICICI BANK Indraday callEntry : 633
Stop Loss : 631
Target : 635/637
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward. And always trial stop loss to take full target..
icicibank coming week viewchance to move both side for few days, look for price action to conform ,
but over all stock still up upside .. will get the support from
any ware seems like good support
Note: im working on 5 minute Time Frame ,look at
in 5 minute time frame for better Idea
Use intraday 5 minuet magic method to enter