ICICI Bank cmp 1269.30 by Daily Chart viewsICICI Bank cmp 1269.30 by Daily Chart views
- Support Zone 1242 to 1257 Price band
- Support at 1231 > 1193 > 1155 with Resistance at 1299 > 1331 > ATH 1362.35
- Stock Price trailing along Rising Support Trendline with attempts to Test Retest Support Zone
- Volumes are steady and stable but need to increase for upside momentum continuity else breakdown is probable
Icicibanklevels
ICICIBANK - In the ZoneLike market even ICICI bank is now appears to be stuck in the zone
With 2 strong supports on the downside as 1240 & 1265-90-10
Also 2 strong resistance on the upside as 1290 & 1310
It seems stock may not come out of this zone anytime soon
Good opportunity for strangle straddle players
An extended zone of 20 points is stop loss on the both sides
ICICI Bank Negative Divergence on Weekly Charts₹₹ICICI Bank at upper trend line & every time selling seen when it comes near trend line. Also RSI showing Negative Divergences with prize. Selling below 1111 will be fast. If there will be no breakdown it may go sideways. Plz before trading study charts carefully with proper risk management & do your own research also. Thanks you
ICICI Side Base for intraday 2nd JanuaryICICI is consolidate between 990-1008
Overall view of this chart:
create high near about18 December after that create a downtrend and at support area 990 it's consolidating .
If break 990 and price wait under 990 for 1-2 days then we can see a downtrend move for this stock.
If price goes up above 1008 don't create position wait for retracement . after retrace our entry will be occur.
Also we have to aware about fake breakout and breakdown.
Indicator: MACD indicate bullish divergency .( Upside move may come )
ICICBANK Trading Near ResistanceICICIBANK is trading is trading near Trendline resistance levels, And a negative (bearish) Candle formation is seen around Trendline resistance zone, Hence I would like to take a short position in ICICIBK Future around 783-784 SL 795 and Targets Expected are 760/ 740 in next 2-4 Trading sessions
Simple Trade Setup | ICICIBANK | 30-05-2022 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1 day time frame, it is just near 200MA. 200MA is placed in 740 level range.
Please refer below chart : 1 day time frame.
Also on 1 day time frame, we can see the importance of 740 level.
Also we can see resistance trendline.
Please refer below chart : 1 day time frame.
2) On 15min Time frame, we can see a rounding bottom pattern. If has to sustain above 740 to get it activated but the next hurdle for it is that resistance trendline.
Please refer below chart : 15min time frame.
Also a support channel is there on 15min TF.
Please refer below chart : 15min time frame.
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Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK | 16-05-2022 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1day time frame, it near critical support zone of 670-675 range.
Please refer below chart : 1day time frame.
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Trade Setup for 16-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ICICI Bank Ltd - 11.02.2022ICICI Bank Ltd - 11.02.2022
The stock is trading @ 790 levels
The prices are near EMA
There is a SPINNING TOP in Weekly Charts
RSI is 58.97 in Weekly Charts
Let the prices go above 806; one can initiate a BUY Position with Support @ 773
There is a RESISTANCE Zone at 810 levels
watch out for the price action
Simple Trade Setup | ICICIBANK| 30-12-2021 [INTRADAY]NSE:ICICIBANK
Trade Setup for Date: 30-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK | 28-12-2021 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1 day time frame, it came back again above 100DMA.
100DMA is placed at 732.02. So level of 730-732 will work as immediate support level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 28-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK | 22-12-2021 [INTRADAY]NSE:ICICIBANK
Most of all the levels and trade setup remains same as per previous.
Trade Setup for Date: 22-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK| 21-12-2021 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1day time frame, it is trading above 200DMA.
200DMA is placed at 673.87 level.
Also it has immediate support at 700 level.
On Daily time frame , it has also made rounding top pattern. Neckline is at 709.
Better to avoid trade between 700-709 level range. If it trades above 709/710 level then we can see failure of rounding top, but it may create inverted cup and handle pattern.
Below 700 it will be weak and can go to test 200DMA. Which will be very critical support.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 21-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.