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
icici long entry above 650 target 1: 653 target 2: 658 sl: 647 icici showed support at 640 zone, we see an up move from there, today we are seeing a pullback from 653.5 to low of 647. We can look for an up move after this pullback. Enter long above 650 with stop loss at 547.
ICICI Bank has been in a downward correction in the past few months.. A breakout past Rs 580 would trigger a bullish triangle breakout pattern too. Go long in ICICI Bank above Rs 580 with a stop loss at Rs 570 for targets of Rs 605 & 615.
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.
ICICI BANK is trading sideways in higher time frame
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
ICICIBANK make AB=CD pattern Target 465
ICICI Bank trading through a rising channel. 435.5 to 436.75 region seems like a good support zone and that can be expected to hold on well. Once if price breaks above 444, we can expect a quick move to 450 and even beyond. Demand areas noted in chart. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do...