This is the chart of BANKNIFTY nearing a resistance zone. If BANKNIFTY goes above resistance of 21950 , a major move to the next resistance can be kept as target at 23150 . Another important point to be noted is a lot of bank stocks are NR7 candidate indicating a power move in the next trading day. Keep Bank Stocks in your Watchlist for Monday 10 Aug...
I am expecting it to be above 370 tomorrow. There's Inside candle set-up on Daily and a triangle on 1 Hour TF. Looks like a high probability trade.
Use 200 day EMA as support and resistance in 30 min chart.
Hello Tradimg Enthus In this video i have analysed the ICICI bank for upcming week It will be very helpful for u if u want to take trade or get some position on it If still have any query dont hesitate to ask me thank you. - Rv The Trader
Do your own research before any trade. For Educational Purpose Only. All details in chart.
Use 50 day MA as support and resistance.
Reason -Trend line support -EMA 20 suppor -Zig zag chart pattern -Demand zone Good move expected above the green cloud
Not aggressively long as its not above the MAs but yes the structure of daily candle looks bullish and RSI is supporting it. Trend has not broken, will have SL at 337
After a steep fall due to covid-19, ICICI bank is 2nd most tracked stock in the world right now. Of course the fundamentals ae great, so why ICICI is not able to break its 1/3rd retracement level. ICICI is given buy rating by most of the broker, why? The stock is stuck in an accumulation rectangle pattern, which is a bullish pattern after the decline. If it...
Doji in daily chart says reversal from a small downtrend, it looks like it could complete a H and S pattern. Lets see if this H and S is a reversal or a continuation because the overall sentiment is bullish for this stock. The stock is very bullish it it crosses 200 day MA or 390 levels.
ICICI BANK - 4-hour chart bullish pattern - alt shark bullish as per charts
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. June Series Option can be tried. Wait for entry setup, if available then Long/short. Reward is 7-8 Times
ICICI Bank given false break out of channel upper side and then fall. Now price Breaked channel on lower side. ICICI Bank has a support around 439-441 and RSI showing diversion at lower level. Let's see, Where it will go! Disclaimer:- your capital at risk, consult your financial advisor before do any action and do own analysis research.