ICICI Bank Cup & HandleICICI Bank Created its Cup & Handle Pattern. Keep watching this stock. Good buy for long term.Longby InvestwithDaxeshUpdated 4
ICICI Bank: A Lucrative Triangle Breakout for Swing TradersTraders, a golden opportunity unfolds as ICICI Bank exhibits a compelling triangle breakout, marking a significant turn for those eyeing short-term gains. This technical pattern, a harbinger of potential upward momentum, invites us to dive deeper and explore the swing trading prospects it presents. Key Observations: Breakout Confirmation: The breakout is validated by a surge in trading volume, an essential indicator of the strength behind the move. Support and Resistance Levels: Post-breakout, the previous resistance level of the triangle now serves as a strong support zone. Swing traders should monitor these levels for potential entry and exit points. Swing Trading Strategy: Entry Point: Consider entering close to the breakout point, ensuring the move is backed by substantial volume. Stop Loss: To manage risk effectively, place a stop loss just below the newly formed support level, minimizing potential losses if the trend reverses. Profit Targets: Set initial profit targets at the next significant resistance level, with the option to adjust based on the strength of the market's momentum.Longby kausar13nUpdated 16
ICICIBANK looking good for a bullish moveCMP of ICICIBANK is currently resting on a strong order block, the whole thing is also preceded by an inducement which gives me strong reason to go long if the price shows some kind of entry triggers which I follow. Also, the chart is bullish on daily and hourly time frames. Longby Apex_Trading6912
Easy setup is getting prepared. #easymoney#icicibank ▪︎ Very well price formation. ▪︎ Higher High in 1 Day time frame makes bullish view . ▪︎ More time price sustain upper level, greater the upmove form will be seen. View --1175 above looks good to enter. Longby Chandragopal0
Short ICICI BankShort ICICI for intraday exit at 1125. Clear weakness being demonstrated and prices are unable to hold the highs. Shortby Sky_Tracer0
ICICI BANK Flag breakout ICICI BANK flag breakout on 4 hour charts, can show target of 1160 with SL 1105Longby piyushkaushal98
#ICICIBANK Important support and resistance levels#ICICIBANK Important support and resistance levels Swing Target 1170 Positional Target 1250++Longby Tradersguruji4
ICICI Setting up for a Long TradeICICI Bank can be entered Long once it closes above 1135 levels if this happens after 2 pm today. Hold for a BTST kind of trade for Target till 1175 price.Longby Sky_Tracer110
ICICI Bank: Chart set upICICI Bank Observations - We are looking at daily chart of ICICI Bank - 5 day EMA and 21 day EMA at 1117 & 1119 respectively - red line of resistance around 1133-1137 odd levels - stock is near blue line of support for the 5th time ( not a conducive scenario) - 200 day EMA and green line of support around 1031-1040 levels For me this does not give confidence to go long on this stock at current price. From a short term trading perspective a Bear Call Spread strategy may be considered. Example of a Bear Call Spread Strategy Sell ICICI Bank 27 June 2024 expiry 1150 Call currently around 20 Buy ICICI Bank 27 June 2024 expiry 1180 Call currently around 11.4 Net receivables 700* 8.5 = Rs 6020 Margin required around 48K Potential Profit Margin 12.5% Loss Protection for a rise in stock price up to 1168.6 For me Ideal levels to buy the stock from a longer term perspective where Risk::Reward ratio would look favorable 990-933 odd levels. Follow risk management and consult your Financial Advisor before taking any action. Take care & safe trading...!!! by indiamarketoutlook1111
VIEW ON ICICI BANKBreakout on the stock Stock above previous days high Target 1145/120 Stop loss 1120 I am just representing my views For educational purpose only.Longby dakshb38394
ICICI BANK // 23-05-24 // at Support Area This share trading at support area, may give 5% profit. Take position as per your risk reward ratio and that is not recommended only for educational purposes.Longby daviddravid30
Bearish Flag breakdown in ICICIBANKICICI BANK LTD Key highlights: 💡⚡ ✅On 1 HOUR Time Frame Stock Showing Breakdown of Bearish Flag Pattern . ✅Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 1055-. ✅Can Go short in this stock by placing a stop loss above 1134+.by TradZoo1
ICICI Bank Target 1170ICICI has done very good re test and consolidation and moving up strong with good value buying and indicating good bullish trend and 1170 could be easy in few days.Longby venkatfx4
Ready for new highsICICI Bank CMP 1146 The correction halted at 50% Fib retracement from a higher swing an indication of strength. The trendline support is now telling me the stock is ready to make new highs.Longby singh17vivek8
ICICIBANK | Add To Watchlist📊 DETAILS Sector: Bank - Private Mkt Cap: 761,335 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 : 17.94 (Low PE) Sector PE : 24.22 Beta : 0.92 📚 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. 0.49% away from 52 week high Outperformer - ICICI Bank up by 5.92% v/s NIFTY 50 up by 2.4% 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. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 11
ICICI BANK PULL BACK TRADE on daily chart long consolidation support zone if down than small stop re entry Longby Abhishek748691
ICICI BANK 1HR- EARN WITH ME DAILY 10K-20K - ICICI BANK Looking good for Downside.. When it break level 1150 and sustain.. it will go Downside... SELL @1150 Target 1st 1143 2ND 1136 SBIN MAY FUT – LOT 7 (Qty-4900) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Shortby Prashant019Updated 9
Why this sharp uptrend, then comes down, to hit stoploss? No.!Whenever a sharp down trend forming after a long sideways move, One might think that this is being done purposfully to hit the stop losses. But obviously no. Whenever the sideway move forms after an impulsive move. Its worth to test the upper move is arrested or not. hence, Once again testing peak again, Normally this will take the move much more upwards when the trend succeeds. On the Other hand when it fails, it will take the sharp reversal and might continue for the quite some time. Shortby gtchelvan0
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. Longby vinayaka792
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. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap Longby nikunjbhadja3
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 Shortby K_Dyadav1
Bullish for next 3 monthsIf support of 1055 remains intact possible final targets of 1249 that is 12% from CMP in next 3 months are possible. Nifty just broke out from cup and handle pattern, all looks good. T1: 1149.80 T2: 1207.70 Final target: 1249 Support: 1055Longby Suresh_DholiaUpdated 0