ICICI bank has been following a strict trend for a while now. After breaking out from the trend it came down for a retest of the same zone.
The retest seems to have sustained that it has now bounced upwards with a formation of MORNING STAR pattern signaling bullish pattern.
With good support from the bank nifty, ICICI will follow a new trendline with higher highs...
BSE is no threat to NSE on any possible metric. After NSE's listing, it will benefit only to the extent that NSE will be listed on BSE !
Its in a parallel channel since April.
Now at 572, its a buy.
Here In this chart, the stock is moving near the support line. No crashes are there for short periods of time. Bollinger bands are at their half position. We could expect big bullish candles in near future. You can buy it for a long.
Keep trading, at least try paper trading. Have a profitable next day. Don't forget to follow. And If there are...
Try short-selling using paper trade. Stock is about to touch support and perfect indication from MACD. Just one day Profit booking opportunity.
Keep trading keep growing, Follow for more ideas, like + share this chart with your friend. Thank you.
There is a very strong support for the BSE Sensex which has been successfully defended in multiple watershed points in Indian history
1) 1980, when Indira Gandhi came back to power. Mrs. Gandhi replaced a government which was seen as being more friendly towards US and corporates.
2) 1984, when Indira Gandhi was assassinated amid the Sikh extremist movement and...
Pattern formed overtime from March 2020 to January 2021. Support of 13750 on the lines have been breached. Now nifty is open to go down till 13000-13200. However, If 13800 on the upside is breached, then we can can see a rally till 14500. After that 15000 levels will be on the cards but lets restrict ourselves till 14500 for the time being.
Markets are extremely...
In longer TF it forms the rising channel, Now it touches the upper side of channel and now its in correction stage and To Additional to this it respect the Elliot wave, in this also it finishes their uprun and starts its correction phase. This correction phase consists of three waves. We may anticipate nifty to get reverse at 13200 - 13150 (approx.). lets see what...
Now Icicipru won't rise until it closes above 538 on Day Closing Basis.
Closing Price - 499.7
Any Rise Close To 525-530 Sell It In Future With Strict SL Of 538 (DCB), Target - 10-15% From Selling Price..
