Icicibankshort
Simple Trade Setup | ICICIBANK | 30-08-2021NSE:ICICIBANK
Trade Setup for Date 30-08-2021:
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 tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | ICICIBANK | 24-08-2021NSE:ICICIBANK
Observations:
1) On daily time frame, it is testing highs of Feb-2021. And it is taking support from 674 level range since last 2 days.
2) It is trading below 21DMA but above 50DMA .
Please refer Chart below: daily time frame.
3) On 15min Time frame it is trading in the descending channel pattern.
Please refer chart below: 15min time frame.
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Trade Setup for Date 24-08-2021:
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 below. I hope it is easy to understand.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | ICICIBANK | 18-08-2021NSE:ICICIBANK
Observations:
1) On Daily Time frame it has taken support from 692 range which is critical level. As it was working as resistance before.
2) On Daily Time Frame it is trading above 21DMA and 50DMA. 21DMA is above 50DMA.
Please refer Chart below: daily time frame.
3) On 1hour time frame it has formed double bottom pattern. And also took support from 692 level and Trendline -1. 705 level look critical to watch out.
Please refer chart below: 1 hour time frame.
Trade Setup for Date 18-08-2021:
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 target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
My personal view is bullish in it.
Do comment your doubt or suggestion.
ICICI BANK LOOKS WEAKThe stock is looking good to sell around 700 or higher for the lower marked targets until the 718-720 zone is intact on 15 mins closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ICICIBANK Bullish Trend Hello Traders,
This is Muthu
Following are my analysis:
ICICIBANK
1.rising wedge pattern breakout done
2.wait break upper resistance line break
3. after u can target 1 and 2
Cup and Handle Patten In ICICI BANKCup and Handle Patten In ICICI Bank so there is high chances of breakout tomorrow
ICICIBANK Bullish Trend AlertICICIBANK :
1. up trend chennel formation movment
2. correction ended
right buying entry target circular level zone
ICICI BANK ON 15 mins chartICICI bank broke its major uptrend trendline. Using Fibonacci we can see it’s sustaining near 31.8% level with making HEAD N SHOULDER PATTERN. H&S is a reversal price action pattern which indicates a possible reversal of trend. Fibonacci 50% first target. Fibonacci 61.8% second target and if stock sustain near 61.8% and breaks the level 78.6% level on Fibonacci can we our third target.
Downward trend at top of support channel ICICI Bank is in downtrend channel also respect both the up and down trendline .. Levels mentioned on chart.
ICICI Bank For 11-02-2021 ICIC Bank Had Made Descending Triangle On 15 Min Bearish Can Be Continuation
Short On 638/642 if Price Get Rejection Here
( SL- 645) ( Target 630 And 625 )
Go Long Above 645 Closed And
Target Pivot Point ( SL- 640 )
ICICIBank Intraday Trade | Sell with 2 Points of SLIt's low probability High RR Trade. Sell @ 639 for the targets of 632 and 626 with 641 as SL.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Sell ICICI Bank below 539Short if stock sustains below 539 for the targets of 530 and 522 and 515.
Happy Trading!
InvestPro India Team
ICICI Bank Upside Movement Long TermLong @560
Target 1: 615
Target 2: 690
Stop Loss: 525
There may come a correction to lower levels first and then the longing opportunity may come, wait for 560 levels.
Decreasing Volume indicates the possibility of a decent short as well but does not seem a big threat.
Note: The post is only for education purposes.
ICICIBANK SHORTI 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 .
Thank You
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. Examples presented in these products are 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.
ICICI BANK SHORT FOR INTRADAY;
This trade is derived for Intraday; DO NOT RISK MORE THAN 3% of your PRINCIPAL AMOUNT.
ICICI BANK (SHORTTarget 1 326.50
Target 2 302.35
Target 3 295.80
(If it Breaks and Sustain below)
Than Next Target is 261.05
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Disclaimer: I am not SEBI Registered, before taking any positions to contact your financial advisor,
I am not responsible for any Profits or Losses, whatever Iam providing here is the purely
educational and informational point of view
SHORT ICICIBANKI hope you can now see how the 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 favour.
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. Examples presented in these products are 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.
ICICIBANK- short only below 272.7 closeReverse entry - but enter only if CLOSING below 272.7
SL above day high
TGT around 265 or lower - will update later
