Stock has made inverted Head and Shoulder pattern on a broader time range and a pole and flag pattern on smaller range after a recent run in Nifty 50. Stock can move towards its ATH in near time range and can further move to higher levels. Fundamental remains stronger compared to other stocks in the sector. View remains bullish for upcoming months. DISC: For...
have been keeping eyes on ICICI prudential from very long... now seems like its gonna shoot sky rocket. ADD FRESH POSITIONS TODAY
ICICI PRUDENTIAL looks like forming Inverted Head & Shoulder.( I-H&S ) Currently right shoulder is forming. Looks like reversing, but not yet confirmed. Just a technical pick as Fundamentals doesn't look good. Need to cross Monthly Resitance to confirm I-H&S breakout. SL & Targets are given as T1, T2, T3.
On the weekly chart, there is a tilted neckline head and shoulders and a double bottom created on a recent past few weeks' candles. It is giving a bullish momentum to the stock that can make the stock march towards its all-time high. A perfect volatility contraction is seen from a longer time to higher time.
Stock P/E: 87.4 ROCE: 10% Company has been maintaining a healthy dividend payout of 17.0% Rs. 244 Cr Net Profit during last quarter. Symmetrical Triangle Patterns are awaiting on Daily and Weekly time frame. Entry: 554 Targets: 584, 615, 645, 676 ++ SL: 522 DCB Remark: Short Term Disclaimer: Strictly for educational and learning purpose.
A bullish flag & pole Chart Pattern Breakout will happen on the weekly Time frame of NSE:ICICIPRULI Price Action nees to be supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
ICICI Pru Life is forming a cup and handle pattern and we may see bigger targets if we get to see a breakout above 620. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
ICICI PRUDENTIAL - Analysis 11-7-203 Buy Over 625 for upto 675 Next upto 720 Exit (Stop Loss/) before Target if On 9-RSI ema 21 cross over 3ema; (Weekly Timeline for Shortterm & Monthly for Long Term) OR on prv weekly lower break.
ICICI PRU - Analysis 11-7-203 Sell Below 550 for upto 450 / Buy Over 625 for upto 675 Next upto 720 Exit (Stop Loss/) before Target if On 9-RSI ema 21 cross over 3ema; (Weekly Timeline for Shortterm & Monthly for Long Term) OR on prv weekly lower break.
A technical bearish view message is a notification that is sent to investors when technical indicators suggest that a market or asset is likely to decline in price. These indicators can include moving averages, momentum oscillators, and chart patterns.
ICICIPru trading near important zone and it has taken rejection from this zone multiple times. Let's see if it faces resistance again and come back to 440 zone or sustain above 520 and travel towards 595 zone. Big move expected, keep this in watch list. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
As per chart, it looks good entry time for a swing trade Buy - 412 Stoploss - 385 Target - 466 Time - 25 - 30 Days Expected returns 10-12%
One week timeframe crucial level in ICICI prudential Ltd it's formed symmetrical triangle check this level and trade this long either short
ICICIPRULI is just giving out a breakout of a consolidation and overall indian market bias is positive for all stocks , if it opens around 480 or some lower levels you can just buy it for intraday or hold for a week
Break of Trend Line = Done First HH HL = Done Stock in compression now Even after big sell candles all the sellers seems to be absorbed Above 480 will take the stock back to 500++ areas Sl can be put below 470
ICICIPRULIFE has given a range breakout with a great volume, which shows the strength. In near term, the below targets may be hit. Target 1 - 620 Target 2 - 675 Stop Loss: 535 If you like this, please hit the like and subscribe :) Trade Carefully!!
Volume is supporting the Price Action on a Weekly & Daily basis. SL: 550 Target: 649 & if holds then we go up to 681.
ICICI PRU; Perfect triple bottom breakout; keep on track; it has been consolidated since long time; fundamentally strong; hold it for few months for perfect 20 percent gains