MAKE OR BREAK TRADE IN ICICI PRU -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
TRADE SETUP
BUY@414
STOP@408
TARGET@424(INTRADAY)
TARFGET@432(SWING TRADE)
Search in ideas for "ICICI"
Simple Trade Setup | ICICIBANK | 22-12-2021 [INTRADAY]NSE:ICICIBANK
Most of all the levels and trade setup remains same as per previous.
Trade Setup for Date: 22-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK| 21-12-2021 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1day time frame, it is trading above 200DMA.
200DMA is placed at 673.87 level.
Also it has immediate support at 700 level.
On Daily time frame , it has also made rounding top pattern. Neckline is at 709.
Better to avoid trade between 700-709 level range. If it trades above 709/710 level then we can see failure of rounding top, but it may create inverted cup and handle pattern.
Below 700 it will be weak and can go to test 200DMA. Which will be very critical support.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 21-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
INTRADAY CUM SWING PLAY - ICICI PRUDENTIALNSE:ICICIPRULI
ICICI has successfully broken its 10 month old trend line and now it is facing a horizontal resistance
entry will be above 570
I am expecting a 2 leg up trend before any consolidation or retracement.
it has completed the 1st leg up and retraced then started its 2nd leg which is half way so we try to monetize that.
POSITIONAL TRADE IN ICICI BANK DEC FUT POSITIONAL TRADE IN ICICI BANK FUTURES
BUY@517
STOP@500
TARGET-1@532
TARGET-2@541
TARGET-3@550
QTY=1375
icici bank 520 call option trade
buy@16
stop@10
target-1@21
target-2@25
target-3@30
qty=1375
NOTES:-
-ICICI BANK ON WEEKLY CHART HAS SHOWN US IN THE PAST THAT
-WHENEVER THEY CROSS AND CLOSE ABOVE 510 THEY HAVE GONE ON TO TEST THE HIGH OF 550-553
-IT CAN BE THE NEXT STOCK THE LEAD THE NIFTY INDEX ON THE UPSIDE
-BREAKING OUT FROM ITS TRADING RANGE OF 500-515
-STOCK CAN ALTEAST FOR ONCE TEST 530-35
-TRADE ACCORDING TO YOUR RISK PROFILE
-DO NOT OVER TRADE
HOURLY CHART
weekly chart
Swing Trade in ICICIGI: Very good risk reward ratio.I found very good trade. The stock name is ICICIGI and this stock makes an ascending triangle pattern on a daily timeframe. And also gave a breakout with the high volume. Voila! That's why I selected this stock for the swing trade. Don't miss this opportunity. Let's hope for the best.
QUICK ANALYSIS ON ICICIBANKDear Indian Traders and Investors, I made a quick analysis for you on ICICIBANK to let you know that you still can buy it since the market is following the strong support level that it couldn't break for the past 3 years, and the price will go for longer.
The comment secion is all yours for further questions!
Long setup in ICICI prudentialsA bullish flag & pole Chart Pattern Breakout will happen on the weekly Time frame of NSE:ICICIPRULI
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Simple Trade Setup | ICICIBANK | 18-08-2021NSE:ICICIBANK
Observations:
1) On Daily Time frame it has taken support from 692 range which is critical level. As it was working as resistance before.
2) On Daily Time Frame it is trading above 21DMA and 50DMA. 21DMA is above 50DMA.
Please refer Chart below: daily time frame.
3) On 1hour time frame it has formed double bottom pattern. And also took support from 692 level and Trendline -1. 705 level look critical to watch out.
Please refer chart below: 1 hour time frame.
Trade Setup for Date 18-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
My personal view is bullish in it.
Do comment your doubt or suggestion.
Simple Trade Setup | ICICIBANK | 30-08-2021NSE:ICICIBANK
Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | ICICIBANK | 24-08-2021NSE:ICICIBANK
Observations:
1) On daily time frame, it is testing highs of Feb-2021. And it is taking support from 674 level range since last 2 days.
2) It is trading below 21DMA but above 50DMA .
Please refer Chart below: daily time frame.
3) On 15min Time frame it is trading in the descending channel pattern.
Please refer chart below: 15min time frame.
-------------------------------------
Trade Setup for Date 24-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart below. I hope it is easy to understand.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | ICICIBANK | 30-05-2022 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1 day time frame, it is just near 200MA. 200MA is placed in 740 level range.
Please refer below chart : 1 day time frame.
Also on 1 day time frame, we can see the importance of 740 level.
Also we can see resistance trendline.
Please refer below chart : 1 day time frame.
2) On 15min Time frame, we can see a rounding bottom pattern. If has to sustain above 740 to get it activated but the next hurdle for it is that resistance trendline.
Please refer below chart : 15min time frame.
Also a support channel is there on 15min TF.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK| 30-12-2021 [INTRADAY]NSE:ICICIBANK
Trade Setup for Date: 30-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ICICIBANK | 28-12-2021 [INTRADAY]NSE:ICICIBANK
Observations:
1) On 1 day time frame, it came back again above 100DMA.
100DMA is placed at 732.02. So level of 730-732 will work as immediate support level.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 28-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
CONDITIONAL INTRADAY TRADE IN ICICI PRU MAY FUTCONDITIONAL INTRADAY TRADE IN ICICI PRU MAY FUT
BUY ABOVE@390
STOP@401
TARGET@384
QTY=3000
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!