IBN trade ideas
ICICI Bank - Looks good above 778ICICI looks good on a daily chart above, Go Long when price crosses 778 for a target of 790 with a SL of 773 tomorrow (12th Nov 2021)
R:R > 1:2
ICICI Bank on 29.10.21Chart is self explanatory..... obtained support as shown on the daily time frame and coupled with MA, the stock is likely to be on uptrend from here. If the current support is broken, it can fall further till the next support level as shown.
Disclaimer - The analysis is for educational purpose.... suggestion welcome.
ICICI BANK - On PullbackPull Back happening with low Volume
Looks like it may sustain this area
View Negated below 770
R : R Excellent
ICICI Raising WedgeICICI on the down trend, and about to fill the Run away gap. Breaking the Wedge will open up the downside target of 785-770.
NSE:ICICIBANK Ascending triangle BONSE:ICICIBANK
#ICICIBANK triangle BO
Post confirmation may try 780 CE with resistance level as SL.
Today levels with results shared, beginners may check for reference.
Can reach me directly in case of any queries.
Happy Trading !!
ICICIBANK Trend AnalysisICICI bank has been falling for the last 5 trading sessions and this is just a mere sign of correction because of the massive gap-up opening on news of its results.
ICICI might correct up to 770 levels and in case of a bearish market, up to 750 levels.
However, this is a strong stock with a good future ahead so it might be a good idea to buy on dips.
Please consult your financial advisor before making any decisions.
ICICIBANK Trend AnalysisICICI Bank hit a new 52W high on very strong results and has formed a base at 797 levels.
In case Bank Nifty falls, ICICIBank will break its 797 support level and cover the gap created between 22nd and 25th October.
A very good idea to buy on dips since it has beaten HDFCs results in the last couple of quarters and has started accelerating its growth in which it lagged since 2017.
Please consult your financial advisor before making any decisions.
ICICI Bank Again making Morning StarLast time this counter made MS near 700 target gave very fine.
Again its making same pattern near thick support 800.
Target 900.
ICICIBankDistribution Schematic #1: Wyckoff Bearish
This pattern started in Mid of Jul 2021 and we are right now in Phase D
#ICICIBANK Breakout, bullish divergence &gap support with a doji#ICICIBank 18% breakout from previous resistance in just 2 weeks following earnings but gave up half of it forming a indecisive gravestone doji at a gap support.what else to do when even index gives up >5% in same time. Daily timeframe has a bullish reverse divergence that could lift it up. Momentum is very good on all timeframes intact in bullish zones ADX trend strength rising up on weekly and dmi positive in bullish zones and rising as well. Above moving average volumes on weekly.Banking index also is at a support forming a hammer bounce candle. Be cautious on the dojo on weekly as it indicate the bear pressure. Therefore gap support should be stop loss for swing trades with entry above previous candle high.
icici bank near supportgood buying opportunity in icici bank
it is near support and making a very good risk reward ratio for trading on both long and short side.
if banknifty is negative then it is goin to fill gap and is perfect for short trade.
using market volatility, this can be very fruitful trade.
comment for any queries or help(suggestion) on any active trade.
icici bank formaing a bearish pattern nowtomorrow's candle can be a determining factor for next month expiry futures.
considering the gain and bearish polynomica, a closing below todays close will bring the stock down to the levels as mention.
any direction ne the trade.... both will be very lucrative.
please hedge postions before entering the trade
ICICIBANK SHORTBecause of Result its gap up 4.25% .. and high was 866
but not sustain above 855 & then making LL &LH
And finally broke the level of 824/827
if banknifty weak may it fill gap
tgt 870/865
18/10/2021 Research Report For ICICIBANKDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy Below 730
Target 1: 740
Target 2: 760
Icici bank: Rectangle pattern pattern (Time frame- 1 Day )Icici bank: Rectangle pattern pattern (Time frame- 1 Day )
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Chart time frame -1 Day )
Trade type -Short term
Duration - 2 months
Entry - 760
Target 1 - 820
Stoploss - 730
Risk : Reward - 1:2
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investement advisor. Please Trade and invest based on your knowledge and risk profile.
Icici bank analysis - Logic and PlanEXPLANATION : This is a 15 min time frame chart of ICICIBANK . The stock has been in a consolidate for day both side potential in ICICIBANK , If break any side trade with confirmations . Enter as per your setup .
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ICICIBANK SHORT In Pervious day we have seen stock was on GAPUP, i feel the stock will slide below if coming levels
Cup and handle - Pattern completion by ICICI bankIcici bank reached the positional target of the ideal cup and handle pattern. Made a pullback to previous resistance break out, and then gave good move yesterday to complete the pattern. Visit previous chart in the link below.
