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
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
∘ Bollingerband Strategy ∘ Stochastic reading moves above 80 , indication that the asset is Overbought .
NSE:ICICIBANK if close above 668-670 we ca see 695,740,780 SL closing below 615 TF 4-6Wee
Please check out my idea previously posted on 02-07-21. All targets reached. Please like and follow if you like my ideas. Thankyou. :) ICICI BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. It may break out of the pattern soon. A long trade can be initiated on the daily timeframe...
ICICIBANK : 1. up trend chennel formation movment 2. correction ended right buying entry target circular level zone
ICICI BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. It may break out of the pattern soon. A long trade can be initiated on the daily timeframe . LONG ABOVE : 641.35 SL : 632.25 TGT 1 : 650.45 TGT 2 : 659.55 All explanation and levels marked on chart.
ICICIBANK : Triangle pattern - Filtered in Strategy#1 - Triangle pattern - Near breakout -Keep eye above 653 Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
ICICI BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. A long trade can be initiated on the daily timeframe . LONG ABOVE :646.2 SL : 636 TGT 1 : 656.4 TGT 2 : 666.6 All explanation and levels marked on chart.
In addition to the previous posted analysis, one more confirmation to the possible trend reversal in ICICI bank. NSE:ICICIBANK
ICICIBANK, on very strong support, can enter on buy side here with SL below 638. SL is not even 1%.
ICICI BANK has formed a higher high but the RSI was same as the previous High. According to me, it should mean that the same amount of buying was able to push the prices higher. It means the stock has lost some of its bears. I am not 100% sure about it but let me know what you think about it.
One can buy above trendline at 600.80 Manage your risk carefully.
ICICI Bank Futures (Can buy in cash as well) LTP: 613.55 Support: 602.60 Resistance: 618.50 / 625.70
Disclaimer: We are not SEBI registered analysts.All information/calls posted here are for educational purpose only.
ICICIBANK can give good upside move towards upper FIBO LEVELS (MENTIONED IN CHARTS) in coming days. View Negates below 504 levels. Must have this in watchlist for coming days.