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.
ICICI BANK is trading sideways in higher time frame
Hi Traders, 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...
ICICI BANK In last post of this scrip I mentioned is quoting "in hdfc little confident to go upside but here this gives me edge over hdfc." See how price moves changes sentiments in two days. In part -1 post I shared perfect harami pattern activated but in this scrip it is variation of harami which is not activated . last Saturday I was bullish on Icici but in...
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...
- This looks really ugly over ICICI Bank. - Forming a bear flag on higher timeframe. - This can range bound here and form a bear flag. - Breakdown from this Flag will push down the price towards 100-150 Range.
Key Levels for ICICI BANK : INTRADAY CHART ANALYSIS UPPER BREAKOUT~362.65 FIRST TARGET~365.90 INTERIM RESISTANCE~369.80 FINAL RESISTANCE~374.05 **************************** LOWER BREAKOUT~354.20 FIRST TARGET~350.95 INTERIM SUPPORT~347.90 FINAL SUPPORT~343.50 My views are for educational purposes only. Please trade with caution and consult your financial adviser...
ICICI bank is following a parallel channel. Today It took support exactly at the lower channel on the hourly chart. So I think we should go long with ICICI bank. Please LIKE, SHARE & COMMENT IF YOU LIKE MY ANALYSIS. Thank you. Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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. CMP: 499.85 Stop...
SHOWING BEARISH DIVERGENCE WITH STOCHASTIC ONCE 30 MINUTE CANDLE CLOSES BELOW HORIZONTAL LINE TARGET IS GIVEN WITH ARROW APPROX 467.5 STOP LOSS IS 492.55 NOTE: FOR EDUCATIONAL PURPOSE ONLY
ICICIBANK following Triangle pattern