1. IF TREND COUNTINUES... BUY ABOVE 354 TARGET 362 2.GAP DOWN HAPPENS AND TREND REVERSE... GO FOR SHORT TARGET 344
ICICI BANK trending in the Channel range and looking upside Breakout with upside volume crossover ICICIBANK LOOKS UPSIDE FIRE VOLUME SHOWING UPSIDE CROSSOVER CHANNEL BREAKOUT LIKELY TO HAPPEN CMP @371.55 UPSIDE 380-392-400 SUPPORT RANGE -- 364-361 7 TRADING DAYS {MY ALL VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
buy and sell if any breakdown or sustain,
I WILL LOOK AT BUYING OPPORTUNITIES AT ICICIBANK because : It is forming a continuous channel pattern. It is kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 369 Target : 416 Stop loss : 346
What we saw today is the last subwave v of the first leg (wave1) of the downward move. This should terminate a few hundred points lower and start a wave 2 correction and then the really rapid acceleration down in wave 3 which will "surprise" everyone. The story is clear - the trend has turned. We should expect new lows in this index and then it should reconcile...
Buy above 372.5 for 2.5,7,15+++ Sell below 369 for 2.5,7,15+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Looking bullish from current level targets 380/395/410.
THIS CHART GIVES YOU KNOWLEDGE ABOUT ICICI BANK CHART ANALYSIS WITH SUPPORT AND RESISTANCE
Banknifty has been a major underperformer in the current market. This is majorly due to the heavy weights such as HDFC Bank, ICICI Bank, Kotak and Axis Bank not moving higher in a sustainable way and hence they correct 70-80% after a small rally. ICICI is a great candidate for a short term trade. Overall structure for ICICI Bank is looking bullish with 6 wide...
Icici bank trending between chennal, buy around 350 to 355 for target of 420. SL 338
Icicibank:- buy on dip 350/360 for tgt 400/420++ 320sl clbs
A clear W-X-Y correction seems complete, the downward trend should pickup speed now to new lows in the coming months
Engulfing Bearish Candle pattern on daily chart. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
Breakout. Looking good for further upmove after crossing 200ema.