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...
Target 1 326.50
Target 2 302.35
Target 3 295.80
(If it Breaks and Sustain below)
Than Next Target is 261.05
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...
ICICI Bank given false break out of channel upper side and then fall. Now price Breaked channel on lower side. ICICI Bank has a support around 439-441 and RSI showing diversion at lower level. Let's see, Where it will go!
Disclaimer:- your capital at risk, consult your financial advisor before do any action and do own analysis research.
Note: This is for educational purpose only.
There seems to be a build up near resistance which indicates strong buying pressure coming up. RSI above 60 further adds to the indication of bullish momentum.
1. A few weeks ago I mentioned in this stock showing variation of harami pattern which took its price to the upside but not at the blue zone as a target. What I wrote is quoting for your consideration " In the last post of this scrip I mentioned is quoting "in hdfc little confident to go upside but here this gives me an edge over hdfc...
Hi Traders / Investor ,
Recently I posted hdfc bank analysis here Icici bank having same pattern that is an evening star and behaved same but in hdfc little confident to go up side target but here this gives me edge over hdfc. Both are in accumulating process . The behavior of price formation is same but effect would be...
Today is Saturday, 16th November 2019
I think ICICI bank has topped in a medium term. There are many things aligning up and all say that ICICIBANK's top is in.
The RSI has resistance, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.