ICICI BANK : EW ANALYSIS ....... FINAL WAVE?I find most of the banks follow the same pattern but at different price range levels. So have a note on my other analysis with the same setup. PROCEED WITH CAUTION!!
IBN/N trade ideas
ICICI BANKone of the progressive bank in India private banks
its in strong up trend
levels are described in chart
strictly follow it and take entry
ICICIBANK to take long entryLong ICICI bank above 683 SL 672 target 708. Stock is bounce back from the support level. Good risk to reward ratio. This is for your educational purpose only.
ICICI BANK LONG SWING TRADEICICI BANK broke its all time high and tested it successfully. also after a long time bank nifty is also out of consolidation so the banking sector can see the rise again and ICICI bank is an important part of bank nifty which will help it to go up. as it is trading in an ascending channel and we are buying at the bottom so we have a great risk to reward ratio. also if it manages to sustain above 635 then we can see more up as sky is the limit for it since it will be trading as all time high.
ICICI breakout or darvax box great move expected , one can enterICICI breakout or darvax box great move expected , one can enter with good Risk:Reward
[ INTRADAY ] ICICIBANK LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ICICI BANK: Intraday AnalysisICICI BANK price is comfortably trading in a parallel channel range.
Right now price is standing at resistance and breakout/rejection of this resistance level can give a good price movement.
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.
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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.
ICIC 15 min and 1 day chart analysis It may retest the zone of 689-687.5
if it goes up after retest then you can buy and set the target of 707
icici bank Price action for tomorrowNSE:ICICIBANK
trendline breakout and crossing above 700 can give good momentum in icici bank on the upperside.
Breakout and Support Retest in ICICI BANKICICI Bank gave a breakout in Cup and Handle pattern. Support is retested, good time to buy. Target and stop loss are given in chart.
ICICIBANK intraday trade idea for 24th Aug#ICICIBANK entry and exit levels on the chart (refer black/blue lines). Place SL@0.5% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter. #INTRADAY
ICICI Bank - Confluence Trade - Swing tradeICICI bank long setup inside channel pattern. Stop-loss targets are plotted on the chart. Los risk trade setup only if it bounces back from the Confluence zone of the support area and TL.
