Search in ideas for "ICICI"
ICICI Bank continue to its bearish journey ICICI Bank after trading within channel and touching 290.00, it is trading towards channel support to somewhere between 260.00-250.00, Traders may go further short on ICICI Bank up a target of 260.00, in near term one can stay short in ICICI Bank.
ICICI Bank to see upside movement upto 290ICICI Bank has been trading in channel and it closed on weekend touching the support also the 50% crucial fibo level,traders may enter long ICICI Bank with target of around 285-290 in near term and next may be above 300. also watch out breakout downside if channel breaks exit with small stop loss.
ICICI BANK CUP & HANDLE ON DAILY CHARTICICI BAANK HAS FORMED CUP N HANDLE PATTERN
HANDLE RETRACED UP TO 36% FIB LEVEL
BUY @ 273
TGT @290
SL@ 260
GODD RISK REVORED RATIO
ENJOY TRADE
ICICI Bank trading at channel resistanceICICI Bank has been trading in rising channel and trading in narrow range, it is trading at short term channel resistance and seems not to make breakout to enter into next channel. traders may go short up to the target of 258 in near term.
ICICI Bank Potential Buying SetupICICI Bank has been trading in gradual up trend respecting support and resistance, it closed on weekend almost touching the uptrend channel support and there is limited space for for next support if on Monday if goes down it may touch 248 and this will be a good buying zone with a target of somewhere between 300-310 in near term. traders may enter long or may wait to buy a slight below the support.
ICICIBANK Long BreakoutICICIbank will give a long breakout
above 270.30 it can go to level
upside level- 273.20
downside safe level- 268.35
ICICIBank Short breakoutIcicibank is giving short breakout @260.10 below which it can go to 257.10 if do not break 262.20 on upside.
ICICIBANK Trade Setup for TomorrowICICIBANK Formed Double Bottom Pattern and has given a breakout. Wait for a retest and based on that, one can look for buy side entries.
We can see the rise in volumes which shows that buyers are in control.
Please HIT the like button, this motivates us to make more such analysis.
For more such trading content follow us on ( @tradechefofficial )
ICICI Bank - Long ICICI Bank bullish on bearish trend so make a small trade....
Trade
Buy above - 277.95
Target - 279.55
SL - 276.95
ICICI BANK:- NEAR BREAKOUT OR BREAKDOWNicicibank near rectangle pettern breakout or break down good support around 254-258 resistance 264-266 and target 290+292
ICICIBank Go Long Target 300ICICI Bank got corrected in short term but it has maintained its long term bullishness view. It will rise till 285 without any resistance.
ICICIBANK breakoutICICIBANK price action given a breakout near 290, add near 292/295 for immediate target of 215/218 stop loss below 283. analysis based on support and resistance.
ICICIBANK - Daily Outlook - Short SetupICICIBANK is in downtrend since last month. Correction wave "C" is incomplete and in progress.
Stock has entered oversold area on Daily charts which indicates BUY setup. But on weekly charts it is in overbought area and does not confirm weekly chart setup.
So stock should drop in next few days. SHORT position can be initiated below 274.5 with targets 270 (1st), and 264 (2nd). Stoploss should be 279.
ICICI BANK A Strong Reason to ShortICICI Bank closed at the top of trend line.It also a double top.Last time its down trend started from here touched to Rs.180 from where the trend reversed.
The bank’s gross non-performing assets (NPAs) more than doubled to Rs32,178.60 crore in the three months ended 30 September from Rs15,857 crore a year ago. Gross NPAs made up 6.82% of the bank’s loan book, compared to 5.87% in the previous quarter and 3.77% in the year-ago quarter.Net profit growth to an anemic 2.37%.
ICICIPRULIICICI 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.
ICICIPRULIICICIPRULI:-NEAR TO BO. ZONE FOR Target 530 ( Also All time high Breakout Above 538 for more Upside)
1) All time high Breakout Above 538 for more Upside
2) Volume Breakout :)
3) RSI Breakout and Retest (Showing Strength)
ICICIBANKICICIBANK:- Stock has formed an ascending triangle pattern keep an eye on it Good for short term, wait for breakout.
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ICICIGIicici gi showing good reversal from demand zone looks good setup for bull equity buying can be done for 90 days for tgt new all time high SL Swing low.
