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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