This trade is derived for Intraday; DO NOT RISK MORE THAN 3% of your PRINCIPAL AMOUNT.
Price - ₹387.50 Date - 08-10-2020. Today 21DEMA given the close above 50DEMA. Stock can come till ₹380.60 to test the support line. The stock can break the support line and can go near 21DEMA. In past whenever the stock took the support of 21DEMA, it has given return around 5-7%. You can purchase stock around ₹380.
This is just only observation. Not a call.
Time frame 5min Intraday day call sell at CPM with SL todays high Just for learning do paper trade Trade decided on conversion line as it showing down and base line is coming to blue line
BANKNIFTY UPCOMING SCENARIO EXPLAINED SCENARIO 1- FOR UPPER RESISTANCE BREAKOUT ****************** SCENARIO 2- TESTING UPPER RESISTANCE AND THEN BACK TO DOWNTREND
THERE WAS RESISTANCE , AS SIMPLE AS IT SOUNDS . YES , I DONT USE ROCKET SCIENCE TO MAKE MONEY
MORE DETAILS ON CHART FOLLOW FOR MORE UPDATES
Looking good above 356 levels FLAG+FIBO
Hi Traders, Go long on ICICI above 374.20 for a target of 399. Booking a profit of Rs 25. The move is expected in 3-6 trading sessions. #ICICI #ICICIBANK #BANKING #LONG #Safetrade.
Price went all time high & came down a bit, if you are planning to buy tomorrow when the market opens at this price, you need to ask yourself this question:- 'Who is buying this stock at this high price?' There are two zones to buy, look for price action there. The price could even break the high & form a new structure.
Stop looking at the charts as a retail trader & look where the big money is located. Price doesn't stop because of support or resistance, Big banks don't care about your support & resistance, head & shoulders pattern, trend lines, cup & handle and all that bullshit.
ICICI Bank is looking attractive but it should close above 340 for pullback. Lower side target which is visible on chart is 323. Start accumulation for the target of 380-423.
Target 1 326.50 Target 2 302.35 Target 3 295.80 (If it Breaks and Sustain below) Than Next Target is 261.05 -------------------------------------------------------------- Disclaimer: I am not SEBI Registered, before taking any positions to contact your financial advisor, I am not responsible for any Profits or Losses, whatever Iam providing here is the...
Smaller channel breakdown retest Head and Shoulder on Daily line chart Target til support of lower channel