Reverse Head & Shoulder Pattern in ICICI Bank which means ICICI may get long for longer period.
ICICIBANK Daily chart shows CUP & Handle Pattern which suggest 20% upside in coming days. LTP - 925 SL - 910 Target 1100+ Time frame 2-3 Months
15 min resistance with a 4 points SL target of 100 points. The R-R is always low in my trades.
A technical bearish view message is a notification that is sent to investors when technical indicators suggest that a market or asset is likely to decline in price. These indicators can include moving averages, momentum oscillators, and chart patterns.
ICICI Bank . . . For "short" entry: 920 / 910 target: 890 /860
Having a plan of action before a stock you hold comes to a crucial point is essential. You have 3 decisions to make in ICICI Bank as it comes to LTH. All eyes will be on 960. I hope these rules help There are sellers at 960 - if the stock moves there slowly it will get hit back - possibly all the way back to 940 Just like happened in ITC - we need to clear...
Observing the BankNifty price chart, we can see that the price is making higher highs while the RSI is making lower highs, indicating a clear sign of RSI bearish divergence. Entry: To capitalise on this bearish signal, we can consider going short once the close of a strong bearish candle is below the weak support level marked on the chart. Stoploss: To manage...
The channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders,...
Introduction: In the dynamic world of trading, identifying relative strengths and weaknesses among stocks and indices is crucial for maximizing profits. This idea focuses on the underperformance of ICICIBANK compared to the Nifty 50 index. By analyzing the daily charts and employing a ratio chart, we can spot a potential opportunity for a pair trade. This write-up...
ICICI Bank give breakout of rounding bottom & then retest it. Now a new high possible if give breakout of trendline & major 960 resistance of life high. Watch carefully thanks
NSE:ICICIBANK is moving sideways on major timeframe, keep an eye on the support zone as icicibank approaches it once again, if breaks, we might see icicibank tiuching last support level and may start falling after breaking it
Stock is trading in Impulse on Major (Weekly and Monthly) Timeframe. Currently, trading in a short-term correction. Retracement levels are marked on the chart. 4 wave of Major 5 is going on. Expected to complete short-term correction in max 2 weeks and again start up move. The analysis is only for educational purposes. Please trade at your own risk
Icicibank 1htf Beautiful pattern Stock is at resistance Wait for breakout
icici prudential share elliot wave analysis this stock complete upside impulse wave and come down normal flat correction normal flat rule wave B not cross wave A starting point Use fib level price downside 38%
It is often said - "History does not repeat, it rhymes" Price is making a rising wedge pattern similar to the earlier one (on the left side). It has also reached the previous resistance. Q - > Will the next move be similar ? A - > Not sure right now, but indications of being extra cautious are popping up as the days go by Indications - 1. The steepness of the...
Icici bank spot cmp :- 927 Study :- Harmonic Patterns Time frame :- Daily Pattern Type :- Bearish Bat pattern. Details :- AB leg can retrace between 38.2% – 50% of XA leg. BC leg can retrace between 38.2% – 88.6% of AB leg. CD leg can retrace up to 88.6% of XA leg. PRZ :- 940-950 Pattern violation :- 958 (closing basis) Reversal...
1. Pin Bar nicely formed in the support and resistance zone 2. Trendline off - It is another confirmation 3. Take Profit and Stop Loss which is clearly mentioned in the candlestick chart.
Inverted Head & Shoulders Pattern High volumes RSI > 60 Resistance 866/876 Support 850