- A beautiful text-book 'Cup & Handle' pattern on daily chart - Stock trading within a regulation upward sloping trend channel - Daily momentum oscillator readings have slowly turned up in bullish territory - Volumes pattern shows gradual accumulation - Accumulate in range of 275-280 - Maintain SL of 263 (closing basis) - Targets 330 - 340
ICICI Bank bullish on bearish trend so make a small trade.... Trade Buy above - 277.95 Target - 279.55 SL - 276.95
Short Near 308-315 Stop Loss 325 Target 265. then Buy Near 260-265 With Stop Loss 245 For Target 300. Buy or Short at only levels.....
The stock is in very good uptrend. Was the biggest contributor in post-election rally. ' Buy according to strategy. For eg. Aggresive might buy with break of white line as SL and target previous swing high of 293. Defensive might wait for it to come to the trendline and then buy for medium term. And so on... Yellow trendline to aid. Definitely, a stock to...
ICICIBANK is in downtrend since last month. Correction wave "C" is incomplete and in progress. Stock has entered oversold area on Daily charts which indicates BUY setup. But on weekly charts it is in overbought area and does not confirm weekly chart setup. So stock should drop in next few days. SHORT position can be initiated below 274.5 with targets 270 (1st),...
ICICI Bank has been trading in rising multiple channel,it closed on short term channel support and may go up from this level to 280 in near term.
Trade buy above - 285.80 Target - 289.80 Stop loss - 283.50
Did you get confused in candlestick charts because of Gap Ups/Gap Downs, Single candlestick pattern, Multiple candlestick pattern Noise in candlestick. So here is the solution for these problems Heikin Ashi Candlestick. As regular candlestick, it is also from Japan. Japanese meaning for Heikin = Average and Ashi = Speed Its showing market direction. Heikin Ashi is...
ICICI Bank has been trading in rising channel and trading in narrow range, it is trading at short term channel resistance and seems not to make breakout to enter into next channel. traders may go short up to the target of 258 in near term.
One can go long the ICICBank at this level with small stop loss. Since it is a hourly chart the trade may be continued for next day. Alternatively one can buy the 260 Strike Call at 1.20 for a target of above 2.50.
Happy Republic Day, fellow Indians. Here, I am sharing a good potential setup for ICICIBANK. it's in an ascending channel, which you can see in the chart in related ideas. The lines I have drawn have significance from previous levels. I have marked prices accordingly. Hughe volume also see in the last few hours increasing the probability of upmove. So, take...
WatchOut for ICICI Bank Potential Breakdown of a long term channel, as it has failed to move up to test upper line for the third time, A break below can take it all the way down towards 200. Axis banks results were also not very supportive. Shorts Can be taken with an SL above recent highs and for the Targets of 225, 205
NSE:ICICIBANK is trading a channel . See how it reacts to the edges and trade accordingly. Cheers !!
ICICI Bank has been trading in channel and it closed on weekend touching the support also the 50% crucial fibo level,traders may enter long ICICI Bank with target of around 285-290 in near term and next may be above 300. also watch out breakout downside if channel breaks exit with small stop loss.
Trade with this channel if it wont break the lower channel line.
icicibank near rectangle pettern breakout or break down good support around 254-258 resistance 264-266 and target 290+292
ICICI bank has been trading in a rising channel and now near lower band of channel and should take support at lower band of this channel, hence generating a buy call in it with sl just below the support line as shown in the chart with expected gain of around 20% in next 30-45 days.