ICICIBANK Bullish Trend Hello Traders,
This is Muthu
Following are my analysis:
ICICIBANK
1.rising wedge pattern breakout done
2.wait break upper resistance line break
3. after u can target 1 and 2
Search in ideas for "ICICI"
TRENDLINE BREAK IN ICICI BANK -icici bank saw a downward trendline breakout on the upside
-the stock also managed to capture back its 20/50 ema
-looking more like a pole flag pattern icici bank looks strong on the upside
-one can go long with @545-548 levels
-stop is near day low @537
-target can be @556-563-570 on the upside for short term
-in a weak financial market icici bank is looking strong
ICICI Bank looks bullishBanknifty has been a major underperformer in the current market. This is majorly due to the heavy weights such as HDFC Bank, ICICI Bank, Kotak and Axis Bank not moving higher in a sustainable way and hence they correct 70-80% after a small rally. ICICI is a great candidate for a short term trade. Overall structure for ICICI Bank is looking bullish with 6 wide range candles visible, on back ok more than average volume. This is a sign of strong buyers. 2 weeks ago ICICI Bank had given a breakout above a resistance zone from 265-285. Now it is taking support near the previous resistance zone. I would like to go long above 395 with targets of 440 and 485 in the coming few weeks. Personal stop loss will be at 350 levels. The reason why I want to go long above 395 is because 395 is the mid point of the wide range bearish engulfing candle, and a mid point of a wide range candle can be used as a support or resistance. Risk should be managed according to your risk appetite and the SL mentioned is according to my risk appetite.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
ICICI Bank- 3rd attempt to cross 960, will it succeed?960 is upon us again. ICICI Bank has a number of factors lined up this time. However there is one missing piece that i would like to see fall into place to confirm this breakout
Several breakouts in ICICI Bank have failed in the last 12 months. This time maybe different
Other banks like Axis, PNB are moving strongly, so a move in ICICI Bank was expected
The sellers at 960 may have been cleared last time when we came up in June. Then the stock was overbought - this time it isnt
Results on the 22nd of July - this maybe a classic earnings run by people who know
Overhead supply this time is far less - and hence pull to 970 is likely. Dont buy the break, but wait for the retest of the high to buy it in the safest possible way
Additionally call premiums are very low - they are discounting results. So basically get a free hit on the results:)
ICICI Pru - Get set and - @mayurdharodNSE:ICICIPRULI breaking out. watch out for momentum to enter. Ideal above 522.
#icicibank 🏟💰💴💵💶💸 NSE:ICICIBANK
fresh long only and only above if it close and stay above 550. till 550 every rise is short opportunity. use your trade set up and enjoy profits. wish you a very very healthy and wealthy and happy new year in advance🎈🎆✨🎉🎊🎄
ICICI PRUDENTIALNSE:ICICIPRULI
THIS STOCK IS VERY BULLUSH IT IS GOING TO BREAK WEEKLY RESISTANCE IF IT SUSTAIN THEN HEALTHY TARGET CAN BE ACHIEVED.
ICICI Bank Trade Plan for 29th OctoberOn 28th October, ICICI bank opened near 410 level which is a key resistance level. It never tried to break that and went down to close at 396. Here are the trade plans for ICICI bank on 29th October.
1. Open below 393.5 is a good shorting opportunity with SL of 395.5 for a target of 389.6
2. Sustaining below 389 is positional bearish move for ICICI bank. Trade with SL of 391 for target of 381 .
3. Longs can only be initiated only above 411 with SL of 409 for 415 target.
Tomorrow is Monthly expiry and market is highly volatile. Trade according to your plan.
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 .
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 charts 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 LombardBuy ICICI Lombard
LTP 1454.75
Stop below 1425
Target 1500 / 1520+
RSI in the daily chart is crossing the 50 mark
MACD in the daily chart is crossing over into the bull zone
Volumes are good at 1.603M
20 DEMA is showing a reversal
ICICIBANK | IMPORTANT LEVELSAnalyzing ICICIBank on a follower's request. ICICIBank is current trading in the resistance zone 1060 - 1030 and have multiple supports from 1000 to 970. In case it closes below 970, we can expect a fall towards 920 - 900 zone.
On the other side, above 1060 we can expect fresh buying and upper levels will be seen.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
ICICIPRULI, 1D formed hammer.NSE:ICICIPRULI ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.
ICICIPRULI forms bullish hammer on 6 sept,2023 and gave closing above hammer on 7 sept,2023 on support line.
Entry : 547.15
Target : 560.5
SL : 530
RR : 1.06
ICICI BANK IN BULL HAND-INVESTINGCLUBS''WOW'' i am miss the opportunity, not late you can see the chart of icici bank, the ICICI Bank is now bull hand fist he breck the down-trend line and now he take suppot and bullish, at present level 830 is resistence level
ICICI BANK TRADING IDEA Q4 2022 ResultsNSE:ICICIBANK
Candle Pattern Form on Weekly Closing is Shooting Star at the top ( A Bearish Candle) indicating trend reversal.
A Death Cross was also formed on 12th April when DMA 44 crossed below DMA 200.
There is a Gap between 778 to 788... which is offering resistance!
Due to Good Q4 2022 Results, the Stock is likely to open GAP UP on Monday, April 25, 2022.
However, analysing the Futures Open Interest data its observed that there is a short build up.
Option OI suggests that heavy Call Writing has been done from 780 onwards... 800 has the highest CALL OI... So 800 will be a Strong Resistance. Also Maximum Puts have been written at 700 level, so 700 is a good support. These two levels may be respected at least till this month Expiry April 28, 2022.
Overall its prudent not to enter at 770 above level unless it crosses the resistance... else it may be a Trap for the Bulls!
ICICI BANK SWING TRADE SETUP AS YOU CAN SEE IN ICICI BANK PRICE TOOK A SUPPORT AT 0.5 RETRACEMENT LEVEL . THIS INDICATES PULLBACK HAS DONE AND PRICE IS HEADING TOWARDS UPSIDE , UPSIDE BREAKOUT CAN GIVE A GOOD MOVE
ICICI Bank Trade Plan for 05 NovemberAs expected in Trading plan for 4th november, ICICI bank took support at 427 level. One could have taken long at 433 and added extra at 427 level. ICICI bank closed at 437. below are the trade plans for 5th November.
1. Positional long should be carried with SL of 425 with target of 455/468. Wait for dip towards 433 level and go long with SL of 425.
2. Any dip towards 433/427 is buy with SL of 425 for target open or same as positional long target for intraday.
3. Shorts should only be initiated only if 425 is broken with SL of 428 for target of 419.
ICICI Bank | Bearish Scenerio- This looks really ugly over ICICI Bank.
- Forming a bear flag on higher timeframe.
- This can range bound here and form a bear flag.
- Breakdown from this Flag will push down the price towards 100-150 Range.
ICICIBANK LOOKS WEAK BELOW 845Sell ICICIBANK if sustains below 845 for the marked targets of the chart until 880 is intact on the upside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ICICIBANK - Ichimoku Bullish Breakout Stock Name - Icici Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 892
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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ICICI Bank set to Dethrone HDFC Bank!Attached: ICICIBANK/ HDFCBANK Weekly Chart as of 5th May 2023
The above Ratio Chart is Significantly Bullish and suggests that in the coming Weeks/ Months you will see Money flow from HDFC Bank to ICICI Bank (which means ICICI Bank will relatively Outperform HDFC Bank and you are better off going own ICICI Bank instead of HDFC Bank)
Bullish Evidence as follows:
- Massive Inverted Head & Shoulder Bottom Pattern has formed implying Upside for the Chart
- RSI in a Bullish regime since October 2017
- The RSI Bullish Divergence that started in October 2017 also marked a Trend Reversal point for the Chart, prior to which the Trend was Down
- Higher Highs and Higher Lows clearly point to an Up Trend in this Ratio Chart
- Fundamental Analysis of ICICI Bank too is confirming with this Chart
As an Investor,
you are better off Owning ICICI Bank and Dumping HDFC Bank
And as a Trader,
Long ICICI Bank NSE:ICICIBANK and Short HDFC Bank NSE:HDFCBANK makes for a Highly Profitable Pair Trade
Icici Bank chart analysisPossibility of icici bank ,chart analysis, support and resistance, demand and supply
ICICI Bank- Gravestone Doji on weeklyWith results due on 23 Apr, ICICI Bank will be interesting to watch out for next week, as bearish formation visible on weekly charts i.e GRAVESTONE DOJi
