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
Icicibankview
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 PRU LIFE#icicipruli *
Trade type- all time high
Timeline-15 days
Target potential - 250 ruppe/19%
$ pattern - reverse head and sholder
And cup and handle with elliot wave 12345 etc..Multiple pattern see in ine
► fii/dii makes ath...
Key points-
Entry - 750
9o sl-735
Target- 999/1000/1200
U can also hold long term
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
ICICIBANK | IMPORTANT LEVELSAnalyzing ICICIBank on a follower's request. ICICIBank is current trading in the resistance zone 1060 - 1030 and have multiple supports from 1000 to 970. In case it closes below 970, we can expect a fall towards 920 - 900 zone.
On the other side, above 1060 we can expect fresh buying and upper levels will be seen.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
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 )
BankNifty movement will be decide by HDFC Bank!!!!Bank Nifty again at important levels because of HDFC Bank & ICICI Bank. These 2 will decide in which direction this index move. I sense HDFC Bank will be in side ways or move in range till it's result. After result market will decide that merger HDFC Bank is hit or flop till than some negative & sideways move will be there. Do not forget US market also they will do something crazy in coming time.
HDFC Bank range from last year 1500-1720 (strong support 1500-1520)
ICICI Bank support 920-944 negative below 920 only
Trade with stoploss. Happy Trading
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.
Head & Shoulders in ICICIBANKICICIBANK stock is forming head and shoulders pattern on the 15 minutes time frame. This is coming after a broadening formation which is also a bearish pattern.
That's two bearish patterns back to back. Bearish trade can be initiated upon breakdown of the H&S trendline. Measured move target: 850.
ICICI Bank good shorting opportunity!!ICICI bank is a very good shorting opportunity with multiple confluences:
1) 2 consecutive breaks of structure to the downside making a LL & LH pattern twice.
2) Tapped into the volume imbalance
3) Broke trend line
With Bank nifty also at its trend line support with high probability of it breaking as it will be its 4th test(the higher the number of tests the higher probability of it breaking). ICICI bank will be a very good swing trade.
Note : All levels of stop loss & targets have been marked in the chart.
IciciBank ShortIcicibank created a rsi divergence on weekly
It can be a good short candidate , As we all know banknifty is trying its best to move up
so it will a risky trade pls trade with a SL
Its already down around 40 points from top so a bit risky for sure
but if ur risk:reward allows you it can be considered
Imp area to look for is 890
CMP - 910-12
target is marked as soon as ur trade starts moving in ur favour pls start trailing ur sl