-IF ICICI PRU OPENS ABOVE 413 IT IS A BUY AGAIN
-USING THE TRENDLINE AS STOP
-WILL LOOK TO SEE IF ICICI PRU BREAKS ABOVE 434 OR BREAKS BELOW 409
-GOOD RISK TO REWARD RATIO TRADE
-ONE CAN RIDE THE VOLATILITY THROUGH OPTIONS
ICICI Pru Life
We recently had recommended a long positional strategy for the stock with a price target of 416 and it has achieved that.
Now we are looking at a longer time horizon and bigger picture
- the red zone has played a crucial role in the past
Given the chart set up one may consider selling either once the orange line is taken out or on...