Icicibank 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...
Important ICICI Bank Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
the head and shoulder pattern is nearing completion on the charts any break below 844 levels will be a good short for 815 / 790 levels
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.
NSE:ICICIBANK 1. 2H Chart suggests a possible HNS. 2. If 835 does not get defended, we have a deeper TGTs downside. Follow Extensions as depicted on the chart. 3. 890 - 865 - 835 are key reaction levels where a trade can be thought of based on price action on a given day.
Hi Guys, ICICI Bank support and resistance marked with trend line . Either side breakout can give you good return. You can take intraday position as per your analysis. Note - Please do proper analysis and maintain strict SL before taking any trade. If you like this content then please click like button and subscribe MarketMarathon. Thanks!!
ICICIBANK 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
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
1 hr time frame Double Top Triple Bottom M pattern Price taking hault @ neckline No Trading zone 744 - 740 Conditions applied: If 740 taken out then we can sort till 722 achieved. If price reverse then wait until previous candle high was not taken out. Note: Trailing SL / Volume & OI to be watched closely before taking any positions.
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...
NSE:ICICIBANK Observations: 1) On 1day time frame, it near critical support zone of 670-675 range. Please refer below chart : 1day time frame. ------------------------------------- Trade Setup for 16-05-2022 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...
HNS Pattern bearish View All levels mentioned Only recommended to take bearish trade if levels taken out else watch it
Hello, 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 - 11.02.2022 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 is at top end of the channel and made a nice red candle, hence might be short term top if does-not break today high. Hence good shorting candidate with minimal stoploss.
As 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...
Note: 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
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...