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Icicibanklong

Box Breakout in BANKNIFTYBANKNIFTY finally broke the upper resistance of the box that was there for a while. Good time to go long. It may retrace to the upper level of the box before going any further so be aware of the same since doji has formed. Keep this in mind and keep looking at price action. Now, upper targets are open for the week: Target 1: 32140 Target 2: 32460 Axis Bank and ICICI Bank have finally become strong. They can be bought for medium to long term as well. Kotak and HDFC seem weak. Note: Post only for education purposes.
NSE:BANKNIFTYLong
by SaintLazarus
ICICIBANK | CHART#13ICICI Bank Ltd. engages in the provision of banking and financial services, which includes retail banking, corporate banking, and treasury operations. *Stock Analysis* -- Stock made a breakout at 490 levels. If it sustains then it can move up to 550 levels. -- Good Volume confirmation -- RSI Indicator above 50(on Daily chart) shows a buy sign -- Once it touch 550 level there is a possibility of retracement up to 490 levels. *Important Levels to Watch* -- Entry 505 -- Target @ 545 -- SL @ 490 NOTE : Enter only if the scrip sustains 500 level next trading day. Good Luck Investors❗ -GokulHari
NSE:ICICIBANKLong
by GokulHari
ICICI Bank Upside Movement ExpectedICICI Bank: 1. LONG expected in the coming week. (28-31 December) 2. LONG above 515 (Weak Resistance at 517, Strong Resistance at 527. Weak Support at 509, Strong Support at 501. 3. 515 tested multiple times today, could not show break-out due to bearish trend in BANKNIFTY in the last session. 4. Gap Up opening expected on 18th dependent on Global Cues, SGX Nifty and BANKNIFTY opening. 5. 527 test expected in the upcoming week. 6. Please keep on looking at BANKNIFTY for confirmations. 7. Trade Taken: Bought ICICI BANK 520 CE (31st December Expiry @5.55, Last Trading Price: 4.6, Target 1: 7.2, Target 2: 12++) NOTES: KINDLY LIKE IF YOU BELIEVE ICICI BANK WILL GO LONG. COMMENT FOR ANY SUGGESTIONS/OPPOSITE VIEWS. POST ONLY FOR LEARNING PURPOSES. HAPPY HOLIDAYS :)
NSE:ICICIBANKLong
by SaintLazarus
ICICI Bank Trade Plan for 18th NovemberOn 17th Nov, no major action happened in ICICI bank . ICICI bank gave a dip towards composite POC at 480 and bulls took control and closed near day high. This confirms bulls pretty much active in ICICI bank. ICICI bank is now on verge of a good upside breakout. Below are plans for 18th Nov. Basically plan remains same as 17th November. 1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524. 2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480. 3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news. Remember ICICI bank is a major constituent of BankNifty . Dont remain short in BankNifty if ICICI bank gives upside breakout. If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
NSE:ICICIBANKLong
by RajendraNayak
ICICI Bank Trade Plan for 17th NovemberOn 13th Nov, ICICI bank opened below 472 level. However It was a failed breakout and bulls took control from there and closed at day high. this 472 level is now good support. ICICI bank is now on verge of a good upside breakout. Below are plans for 17th Nov. 1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524. 2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480. 3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news. Remember ICICI bank is a major constituent of BankNifty. Dont remain short in BankNifty if ICICI bank gives upside breakout. If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
NSE:ICICIBANKLong
by RajendraNayak
ICICI Bank looks bullishBanknifty has been a major underperformer in the current market. This is majorly due to the heavy weights such as HDFC Bank, ICICI Bank, Kotak and Axis Bank not moving higher in a sustainable way and hence they correct 70-80% after a small rally. ICICI is a great candidate for a short term trade. Overall structure for ICICI Bank is looking bullish with 6 wide range candles visible, on back ok more than average volume. This is a sign of strong buyers. 2 weeks ago ICICI Bank had given a breakout above a resistance zone from 265-285. Now it is taking support near the previous resistance zone. I would like to go long above 395 with targets of 440 and 485 in the coming few weeks. Personal stop loss will be at 350 levels. The reason why I want to go long above 395 is because 395 is the mid point of the wide range bearish engulfing candle, and a mid point of a wide range candle can be used as a support or resistance. Risk should be managed according to your risk appetite and the SL mentioned is according to my risk appetite. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏
NSE:ICICIBANKLong
by inteliigentrader
ICICIBANK BUY ON BREAKOUT 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 the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:ICICIBANKLong
by EntryandExit