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
Icicibanktrend
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 )
ICICI TO HIT 900 ZONENSE:ICICIBANK icicibank iscurrently is showing bullish trend in on major time frames and is very likely to hit 907/915 zone if it breaks and sustains above 882 on 15/30 min time frame with candle close and opening above 882,
if we get a new candle open and close above 882 and current resistance of 884/890 is broken in 1 swif move with bullish candle on 15/30 mons, then the resistance will start acting as support and push icicibank above to the 900 zone .
current support for icicibank is till 865 and if thats breached then next support will be 850/840 range zone.
Can this go for a HnS ??Possibly going for a HnS
Entry is possible after breakdown and successful retest
Target of 100 points after retest
Keep this in radar and trade with proper hedging
#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.
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.
ICICI BANK MID-TERM SWIMG TRADEHello, icici bank stock swing trade buy: 729 target: 780 stoploss: 714.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of resistance buy on pull back makes RR good (target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of resistance candle. NSE:ICICIBANK
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
ICICI Bank: Go for ShortAs per request of People.
In ICICI go for short . Now in Downtrend and also retraced level of 0.3. Best time to short selling. Also form Bearish Engulfing.
CMP: 781.15
Target 1: 753
Target2: 709
You also go for Long term buy on dip strategy with five time investment.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
ICICI Bank - Breakout from neck lineNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bullish breakout in W pattern from the neck line. Price is rising with rising volumes. Relative strength of the stock is more. RSI at 64 indicates bullish momentum as well.
SL: 730
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.
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 .
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 charts 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.