Icicipru
ICICI pru TView ideaAs per charts of ICICI pru keep an eye either BO or BD of the triangle pattern.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
ICICI PRU LIFE: Chart set up and strategyICICI PRU LIFE
CMP 398.65
We observe
- range bound activity in ICICI Pru Life for the June series so far
- the stock looks likely to test 416 in coming days
- support at green line
Given the chart set up
One may consider selling ICICI Pru Life 380 Put option around 7.5
Yield potential of 5% til 25th June 2020
Loss protection for a fall in price up to 372.50
Take care & safe trading...!!!
ICICIPRULI bullish zone on chartsNow on daily chart of icicipruli double bottom (W pattern) is clearly visible. Also stock has been broken resistance zone. Now next resistance zone for stock at the level of 413 and then 425. So the entry can be taken in stock for next trading session above 395. Kindly add the stock in your watch list.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels. The idea sharing is for educational purpose only. in case any suggestion advice required feel free ask .kindly follow for more educational ideas.
ICICIPru breakout Target for 401, 425, 437, 445.6 ICICIPru has given a breakout after 30 March Channel. Immediate target looks for 401 and then correction till 395.2 and then target of 437 with correction till 432 and then final March towards 445.6.
No Target Correction
1. 401 (Correction till 395.2)
2. 437 (Correction till 432)
3. 445.6
It has also completed its first 4 wave form
How I earned 10% profit in one dayAfter forming lower high and lower low several times in the chart downtrend was conformed and I kept eye on the stock.
On 28th of May in the last 2 hours, the one-hour candles were formed above the trendline and I was expecting a positive movement after the second health bullish candle above. The second conformation was RSI getting stronger and the gap up opening and it was a strong sign to be in the trade.
It was purely price action based strategy banged on target.
On that second candle, I entered into the trade and I nearly earned approximately 10% of profit in just a day.
Bearish Trend on ICICI PruClear down trend on the charts of ICICI pru. We can short from the current level for the next Target of 325 to 315 current level for Swing traders. So Add the stock in your watch-list . Stock is at very weak level. break down level in the stock. In case any issue please feel free to ask & also follow me more more educational & trading ideas.
ICICIPRULI Day Analysis 28 April 2020Industry :-
Scanner :- VOL/RSI
Abv 200D EMA :- BELOW
ABV 50D EMA :- BELOW
RSI 11 :- Around 54 Rising
CRS Sloping 21D :- Consolidating
Delivery Volumes D>W>6M :- Increasing
Traded Volume 11D SMA :- Increasing
Candle Pattern :- Triangle
S/R Levels :- FIBO
Date Of Entry :- 28-04-2020
Status :- Bullish
Entry Trigger :- Bullish
CONDITIONAL INTRADAY TRADE IN ICICI PRU MAY FUTCONDITIONAL INTRADAY TRADE IN ICICI PRU MAY FUT
BUY ABOVE@390
STOP@401
TARGET@384
QTY=3000
!!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!!