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 trading near major golden Ratio with Cup & Handle pattern
NSE:ICICIBANK ICICI BANK taking support on MA 20. if it continues entry will be above 714-716.
The resistance zone has been quite strong for icici bank, can possibly act as support now after breaking out. If the formation of double bottom is completed and it breaks the trendline, high probability of reversal. The levels of 630-635 are being defended by the buyers. It is a confluence of multiple supports coming in. The breakout if happens should nullify the...
Im Not SEBI Regt. Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.
Entry : 633 Stop Loss : 631 Target : 635/637 The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one. Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better...
Long @560 Target 1: 615 Target 2: 690 Stop Loss: 525 There may come a correction to lower levels first and then the longing opportunity may come, wait for 560 levels. Decreasing Volume indicates the possibility of a decent short as well but does not seem a big threat. Note: The post is only for education purposes.
I am expecting it to be above 370 tomorrow. There's Inside candle set-up on Daily and a triangle on 1 Hour TF. Looks like a high probability trade.
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
Note: This is for educational purpose only. Seems like formation of Inverse Head & Shoulder pattern. RSI above 60 and high buying volume indicates a bullish breakout.
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.
INTRA-DAY TRADE IN ICICI BK MAY FUT BUY@346 STOP@344 TARGET@349 QTY=2750 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Weekly Support Broken. Clean and Simple Setup. Support turned Resistance. Entered Short Position at 417 and targeting 335.
ICICIBANK break the Previous Strucutre... Target 447
ICICI Bank demand zone is around 398-402. view negated below this level else we can see a new 52 week high
ICICIBANK make AB=CD pattern Target 465