ICICI BANK - Bounce OR Break-DownCMP 1254
ICICI Bank – Daily Chart Technical View
💮Pattern: Bearish Head & Shoulders
- Left Shoulder: ~1330–1345
- Head: ~1485
- Right Shoulder: ~1380–1400
- Neckline Support: 1225-1195
〽️ Interpretation:
The structure indicates a potential trend reversal after an extended uptrend. The formation o
BULLISH VIEW IN ABB-EDUCATIONAL PURPOSEStock has corrected around 50% from June 2024 to April 2025. After that stock started to rise slowly and went in consolidation zone. The low formed in April 2025 was tested again Jan-Feb 2026 and again bounce back seen from the same level and this time new high is observed in this week. Double botto
Head and Shoulders - Bearish Setup Overview
The Head and Shoulders pattern is a classic bearish reversal structure that appears after an uptrend. It signals a potential shift in market sentiment where buying momentum weakens and sellers begin to take control.
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Concept
This pattern consists of three peaks:
• Left Sh
OFSS Breaks Down From Double Top – Bearish Target ₹6425Chart Analysis:
Oracle Financial Services Software has broken down from a classic Double Top pattern, indicating potential bearish momentum.
The neckline of the pattern was around the 6800–6900 zone, which has now been decisively breached with strong selling pressure.
A double top typically sign
ICICI Bank - Long Trade Loading!ICICI Bank - Leader among Pvt Banks - Took lead and made ATH in March 2025, when rest of the market was at lows.
It completed 3 on weekly in July 2025 and has been in 4 since then.
Current sell off should complete 4 at 1250-1200.
Good levels to go long with target of 1800 long term, 1400 short term.
IPCALAB : Multiple time resistance hit; ready to flyIPCA LAB is near breakout; multiple time hit its resistance. now looking a very good position to enter.
All data is available in public domain..
CMP : 1557
TG : 1750
SL : 1450
R/R : times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : near Breakout.
2: Support : Vo
Short term Analysis of HDFC BankWrap up:-
As HDFC Bank is making a wxy pattern in wave 4 and has completed its wave w at 635 and wave x is in progress.
In wave x, it has formed wxy pattern (DZZ correction) and currently, wave y is in progress of which wave a is formed at 897 and wave b is in progress.
In wave b, it has formed
DRREDDY - a mid to long term viewNSE:DRREDDY
Weekly :
Price above all EMA/s - Strength
Long time Trendline break out expectation
Nearby good support area
Near by resistance was being weaken
Nice on fundamentals and Lynch Score
Daily :
Price above all EMA/s
Fast EMA shows strength
All EMA near by suggest nice
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