#RBLBANK #BANKING #BANKNIFTY #NIFTY50 RBL Bank Ltd. CMP: 182.15 Target: 200 / 250 SL: NA If you like my work, kindly donate. :)
Icici Bank analysis on daily time frame Ascending triangle breakout Buy at 411 Target 460 Stoploss 367
Its drawing nothing to suggest its shorter degree Elliot Wave which is on most confusing wave 4 it may reverse from 14.6% or 23.6% or max 38.2% show if you agree You can follow up this trade Note: please if you like my analysis please follow me for future update
as per chart if icici bank sustains above 395, then it will give a touch to 410 -415.
The price took support of the Ichimoku cloud at 358+. The future cloud is in green. The MACD is in green. The momentum is at 21 which is positive sign. Resistance Levels: It might see 1st resistance at 379.45. 2nd level resistance is at 392.45. Support Level is at 339.10.
I hope you can now see how ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
CMP-369.5 As discussed yesterday, the last hour buying resulted into uptrend whole day. current closing is at 100days EMA(370), which is a good sign. both RSI (56) and MACD had improved (increasing height of green histograms). next level resistances stands at 371 where it had observed multiple rejections. and above that 375 and 383(which is the Fibonacci...
cmp-360.20 20DEMA- 360.11 todays closing above its 20 Days EMA. buying with good volumes seen in the last hour of trades, it indicates tomorrow it will show strength. major resistance is at 366 level where it had touched and returned twice. bottom side support is at the level of 355-356. RSI is just above 50, which indicates weakness. MACD on daily as well as...
If it breaks the support at 340.45 possibilities are this will further dip down to 315
Bullish Bat ICICI Bank 2 hrs chart buy range 350-360 Target mentioned on chart view 7 trading sessions
Levels given for intraday. Bullish till 375 and if it crosses the price the range of 375-378 then bullish till 390, after that lets see if it crosses resistance line present there.
ICICI Bank created double bottom at 340 and reached residence 364.
I hope you can now see how ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
ICICI Bank is currently trading at an important level. If tomorrow it opens above 365 then we can go long on this name as 365 will act as strong support for the stock. However if it opens below 364 and fails to break 365 in first few mins, we can short this as 365 would be strong resistance.
ICICI BANK Stock has been moving in a range of 340 & 380. 340 levels have emerged as a strong support and 380/390 as a strong resistance. Within the range the stock is trading with a positive bias. Fresh Long positions can be initiated with small SL at 348 for target of 370 and 380.