ICICI Bank Ltd (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
ICICI Bank Ltd
Target: RS 1210
CMP: RS 1150.40
ENTRY RANGE: 1135-1162
STOP LOSS: RS 1105
Disclaimer: I am not Sebi Registered.
Trade ideas
ICICIBANK - Ichimoku Breakout📈 Stock Name - Icici Bank Limited
🌐 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 1163.
🚨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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ICICI Bank Negative Divergence on Weekly Charts₹₹ICICI Bank at upper trend line & every time selling seen when it comes near trend line. Also RSI showing Negative Divergences with prize. Selling below 1111 will be fast. If there will be no breakdown it may go sideways. Plz before trading study charts carefully with proper risk management & do your own research also. Thanks you
ICICI is very Bullish and BN is sure Buy in CE sidewith ICICI declaring very good numbers and also in charts ICICI Bank showing upper levels in coming days and weeks for sure. Already HDFC Bank is showing support, Axis is positive and now ICICI given very good results. I only see CE Buy in Bank Nifty and this will support Nifty as well. Do not short Indian markets right now. In my view both Bank Nifty and ICICI is good buy for higher levels.
ICICI BANK : Bearish - Rising Wedge detected, and Double TOP ?!ICICI BANK : Bearish - Rising Wedge detected, and Double TOP possible.
To monitor:
The exponential moving averages 50 (in pink) around 991 ,
and the exponential moving average 200(in white) around 793.
A possible Double Top is detected.
+ there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!
So a bearish return is possible
Be safe!
ICICI BANK - SWING TRADE - 14th January #stocksICICI BANK (1D TF) - Swing Trade Analysis given on 14th Jan, 2024
Pattern: FALLING WEDGE BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retracement & Consolidation - Done ✓
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ICICIBANK hourly bullish setup hello traders
Jai Shree Ram
presenting to you
a hourly setup on ICICI bank
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buy between 965 to 1010
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possible target 1 - 1088
target 2 - 1113
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stop loss 960
positional long term holding target
1200 and 1350
ICICIBANK | Swing Trade📊 DETAILS
Sector: Bank - Private
Mkt Cap: 697,076 cr
ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points.
TTM PE : 16.97 (Low PE)
Sector PE : 25.81
Beta : 1.00
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
4.79% away from 52 week high
Underperformer - ICICI Bank down by -1.95% v/s NIFTY 50 up by 4.1% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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