ICICI Bank rounding pattern breakout & retestICICI Bank give breakout of rounding bottom & then retest it. Now a new high possible if give breakout of trendline & major 960 resistance of life high. Watch carefully thanks
IBN trade ideas
icici bank sideways zonesNSE:ICICIBANK is moving sideways on major timeframe, keep an eye on the support zone as icicibank approaches it once again, if breaks, we might see icicibank tiuching last support level and may start falling after breaking it
ICICI BANK Short OpportunityICICI BANK SHORT (Hourly Chart)
Short below 934
Targets: 925/911
SL: 939
- Tight Consolidation of one month.
- Descending Triangle Pattern in Hourly tf.
- Weekly Resistance Reversal
- Consolidation and distribution phase near All-time High (ATH).
- Breakdown Below 200 EMA (hourly) and close below 934 will trigger a quick sell-off.
ICICI BankUmbrella Break out , it looks .
Slow consolidation
God Knows what this stocks wants
Thought support is maintained
icici banktoo much consolidation. it will break down.
see the target and stoploss. time line within 2 days
ICICI 1H TF Personally waiting for shorting if Indices support the trend. Suggest you the same and wait for 30 mins or 1Hr candle close.
Please do follow me for more such trades
ICICIBANK - Eye on thisICICIBANK consolidating between 935 to 960 from the last month. I am expecting it may give a break out soon.
Expecting a violent move Icici Bank is at ATH as well as forming a very good tight range in daily chart. On the breakout of the range we can expect a good move.
ICICIBANK - EW - Short time correctionStock is trading in Impulse on Major (Weekly and Monthly) Timeframe.
Currently, trading in a short-term correction. Retracement levels are marked on the chart.
4 wave of Major 5 is going on.
Expected to complete short-term correction in max 2 weeks and again start up move.
The analysis is only for educational purposes. Please trade at your own risk
Icicibank 1htf wait for breakout Icicibank 1htf
Beautiful pattern
Stock is at resistance
Wait for breakout
ICICI Bank Cmp 877 H&S Pattern & Trendline BOICICI BANK Cmp 877 dated 31-3-2023
1. Trendline BO @ 878
2. H&S Pattern BO @ 870
3. RSI on verge of BO
Buy above 880 for target 900-915-925 SL 860
It is just a view, please trade at your own risk.
Short ICICI Bank . Target 925, 900Positional targets as told. Icici bank is a shorting opportunity right now rather than a long opportunity. Broken lower trendline already .
ICICIBANK CUP Pattern Breakout on Daily ChartsICICIBANK CUP Pattern Breakout on Daily Charts - Targets 1140 in next 2-3 Months.
LTP - 958
SL - 920
Targets - 1140+
Time frame - 3 Months
ICICI BANK Loking for a bullish!Hey guys 👋
ICICI BANK rounding pattern break.
entry-955-960
target-1100-1115
ICICIBANK to take long entryICICI Bank is in a strong uptrend. Look on every 50 EMA stock bounce back to move upwards. Now the stock is in the consolidation phase. Once clear BO above the resistance area above 946 with SL of 935. levels of nearly 1000 can be seen soon in the coming days. We can do Pyramiding trade on every 50 EMA level touch. This is for your educational purpose only.
If U want to trade right see leftIt is often said - "History does not repeat, it rhymes"
Price is making a rising wedge pattern similar to the earlier one (on the left side).
It has also reached the previous resistance.
Q - > Will the next move be similar ?
A - > Not sure right now, but indications of being extra cautious are popping up as the days go by
Indications -
1. The steepness of the rising trendline support - such steep trendlines do not hold for a longer time and normally the support give away
2. Price has developed Bearish divergence with the momentum indicator right at the resistance level
So, at least as a trader we need to keep ourselves close to the exit door.
Happy Trading !
MSFT forming triangle in hourly chart and in daily chart.Icici bank chart is on range levels for hourly and daily frame and has shown rejection from the resitance from earlier.
Possibilities for down trend.
Icici Bank chart studyIcici bank spot cmp :- 927
Study :- Harmonic Patterns
Time frame :- Daily
Pattern Type :- Bearish Bat pattern.
Details :- AB leg can retrace between 38.2% – 50% of XA leg.
BC leg can retrace between 38.2% – 88.6% of AB leg.
CD leg can retrace up to 88.6% of XA leg.
PRZ :- 940-950
Pattern violation :- 958 (closing basis)
Reversal confirmation :- Bearish pin bar candle formation.
Keep watch.
sell icici bankit has formed bearish harmonic pattern. price may retrace till 0.38% - 0.50% of point CD. view negated abv 943 closing basis
VIEW ON ICICI BANKGood chart
Giving a support to the market
Target 940/955
Stop loss 925
I am just representing my views.
For educational purpose only.
4H ICICI BANK - Long Entry1. Pin Bar nicely formed in the support and resistance zone
2. Trendline off - It is another confirmation
3. Take Profit and Stop Loss which is clearly mentioned in the candlestick chart.
