BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in ICICIGI
BUY TODAY SELL TOMORROW for 5%
ICICIGI
ICICIGITechnical Analysis Breakdown:
1. Rounded Bottom + Multi-stage Base Formation
The stock has carved out a long rounded bottom, forming three notable cup-like bases over the past year.
Each time the price pulled back, it found support near key demand zones (highlighted in blue), forming higher lows — a sign of accumulation.
The current price action shows a smooth rounding structure that suggests growing buyer interest and waning seller pressure.
2. Supply Zone Test in Progress
Price i
ICICIGIICICIGI has given triangle breakout with very decent volume. In recent time traction in insurance sector has been observed. At current level 2000-10 there is resistance. But if it crosses and closes above this resistance level then it may do wonder! On lower side 1860 is very strong support. And upper end momentum can be played up to 2210 level. But strong upside play is possible only above 2010 closing
ICICIGI - Ichimoku Breakout📈 Stock Name - ICICI Lombard General Insurance Company Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2186.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#Ichimoku
ICICIGI: Potential Bullish Momentum Building Up-Channel BreakoutICICI General Insurance (ICICIGI) has been on a notable rally since its surge from 1100 levels. The stock has displayed impressive resilience, continuing its upward trajectory amidst market fluctuations. Over the past few weeks, ICICIGI has been consolidating, forming a potential launching pad for its next leg up.
Technical Analysis:
The current consolidation phase, which initiated in March, has created a notable channel formation. With the stock hovering around the 1750 mark, it stands at a cr
ICICIGI - Weekly Chart Analysis, CMP-1684Stock is sustaining above the resistance zone(1567-1626) for 7 weeks now in 8% range. It has also closed first time above 1675 on weekly basis which it had tried to test twice, few weeks ago but failed. So this is a good sign showing strength. Volumes are decent for the past few weeks. Currently its making inside bars between a range (1611-1699) So we need a confirmation from it with a weekly close above these level with decent volumes.
Previous resistance (1567-1626)shall now act as a support.
ICICIGI - Bullish Swing Reversal with VolumesNSE: ICICIGI is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trad
ICICIGI | Investment Pick📊 DETAILS
Sector: Multiline Insurance & Brokers
Mkt Cap: 67,404 cr
ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels.
TTM PE : 38.07 (Low PE)
Sector PE : 36.69
Beta : 0.71
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuat
ICICIGINote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
ICICIGIThe company has been investing in the retail health business by hiring 1K agency managers. This should translate into stronger premium growth over the medium term, said the brokerage. Motilal Oswal remains constructive on the general insurer with a Buy rating and a one-year price target of Rs 1,450 (Fibonacci 61.8%)
ICICIGI - PERFECT SYMMETRICAL TRIANGLE BREAKOUT📊 Script: ICICIGI (ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services
📊 Industry: Insurance
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 Symmetrical Triangle Breakout.
📈 Right now RSI is around 75.
⏱️ C.M.P 📑💰- 1296
🟢 Target 🎯🏆 - 1412
⚠️ Stoploss ☠️🚫 - 1245
⚠️ Important: Always maintain your Risk & Reward Ratio.
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