ICICIBANK - In the ZoneLike market even ICICI bank is now appears to be stuck in the zone
With 2 strong supports on the downside as 1240 & 1265-90-10
Also 2 strong resistance on the upside as 1290 & 1310
It seems stock may not come out of this zone anytime soon
Good opportunity for strangle straddle players
An extended zone of 20 points is stop loss on the both sides
Search in ideas for "ICICI"
ICICIBANK SHORTI hope you can now see how ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
ICICI Lombard Long opportunityNSE:ICICIGI
Stock -> ICICI Lombard
TimeFrame -> Daily
Hello All!
ICICI Lombard has been moving in a channel. It has been taking regular supports from its lower channel trendline since July 2018. It's now back at its lower channel trendline and this generates an opportunity to go long.
There are multiple reasons to support going long on this:
1) Support from the strong 200 daily EMA
2) Support from 50 weekly EMA
3) Breaking of the Resistance trendline
4)Stock has shown signs of reversal from a strong support zone
Thus there is a strong confluence and the Reward to Risk ratio seems favorable as well!
The only problem is the index behaving erratically. So it's advisable to enter with a lesser quantity than usual and keep on adding further if the stock moves as per the analysis.
*NOT A CALL*
IS It right opportunity to buy ICICI BAnk !ICICI bank is following a parallel channel. Today It took support exactly at the lower channel on the hourly chart. So I think we should go long with ICICI bank.
Please LIKE, SHARE & COMMENT IF YOU LIKE MY ANALYSIS.
Thank you.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
ICICI Bank Intraday trade setup for 13 SeptHi Guys,
ICICI Bank support and resistance marked with trend line .
Either side breakout can give you good return.
You can take intraday position as per your analysis.
Note - Please do proper analysis and maintain strict SL before taking any trade.
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ICICI Bank: Go for ShortAs per request of People.
In ICICI go for short . Now in Downtrend and also retraced level of 0.3. Best time to short selling. Also form Bearish Engulfing.
CMP: 781.15
Target 1: 753
Target2: 709
You also go for Long term buy on dip strategy with five time investment.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
ICICIGI - Ichimoku Breakout📈 Stock Name - ICICI Lombard General Insurance Company Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2186.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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ICICIBANK ready to breakout? Yes, all targets reached.Please check out my idea previously posted on 02-07-21. All targets reached. Please like and follow if you like my ideas. Thankyou. :)
ICICI BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. It may break out of the pattern soon. A long trade can be initiated on the daily timeframe .
LONG ABOVE : 641.35
SL : 632.25
TGT 1 : 650.45
TGT 2 : 659.55
All explanation and levels marked on chart.
ICICI Bank Trade Plan for 18th NovemberOn 17th Nov, no major action happened in ICICI bank . ICICI bank gave a dip towards composite POC at 480 and bulls took control and closed near day high. This confirms bulls pretty much active in ICICI bank. ICICI bank is now on verge of a good upside breakout. Below are plans for 18th Nov. Basically plan remains same as 17th November.
1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524.
2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480.
3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news.
Remember ICICI bank is a major constituent of BankNifty . Dont remain short in BankNifty if ICICI bank gives upside breakout.
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
ICICI Bank: Bank on it for a good moveCurrently, ICICI Bank made a rebound after a correction. Levels of 747, 765 and 805 can be immediate resistance on the way up.
If the rebound fails, then, look for strong support at 710, below which 692 is another support zone.
Also, 734-682 looks like consolidation range and hopefully the stock should stay in this range if it falls.
Going bullish, a target of 843 and 974 in the medium to long term looks probable.
ICICI Bank Trade Plan for 17th NovemberOn 13th Nov, ICICI bank opened below 472 level. However It was a failed breakout and bulls took control from there and closed at day high. this 472 level is now good support. ICICI bank is now on verge of a good upside breakout. Below are plans for 17th Nov.
1. Opening above above 490 and sustaining makes ICICI bank breakout on the upside. Go long positionally with SL of 486 for target of 498/506/524.
2. Sustaining below 486 is a short scalping opportunity with SL of 489 for target of 480.
3. Go short only if 472 breaks and sustains with SL of 476 for target of 464/458. This is very unlikely scenario unless something bad news.
Remember ICICI bank is a major constituent of BankNifty. Dont remain short in BankNifty if ICICI bank gives upside breakout.
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.