ICICI Bank - Trend Reversal below 869 on CLSB in Daily TFWould exit longs if 869 is taken out on a Closing basis. Else continue to hold longs.
IBN/N trade ideas
ICICI Bank (Bullish Structure)NSE:ICICIBANK
Hi Everyone
This is an chart of ICICI Bank same as the structure of Bank Nifty where we are in a bullish trend which has been extended.
Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series.
Completed wave M1 and we are in correction of wave M 2. We likely to go up as long as we are above invalidation Level.
Note- We soon be providing trading view live links for update of trail sl and further neowave counts.
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If you are an our new subscribers, you wondering what is L and M. Kindly see the below chart for our coding style and click on it to view it in details.
ICICI Bank support and resistance Nifty 50 best labels of support resistance .
My point of view icici bank
ascending wedge breakout buy=905.80
target=931.15
stoploss=886.20
ascending wedge breakout with retestment.
ICICI Bank Analysis - Harmonic pattern The analysis is as shown on the chart.
This is my view and for educational purpose only
ICICI BANK Analysis - Weekly TF(17 Sept)1) Wave 5 took a resistance at 1.236 level of wave 4
2)Printed pin bar at Fib resistance
3) Top of parallel channel
so we can conclude high possibility for reversal(impulse wave completed)
Target:
Correction wave Started with Target of 435(0.5 level of Fib - long term )
Small trade opportunity in ICICI BANK.Small trade opportunity in ICICI BANK. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reversed immediately.
Target 1: 900
Stoploss: 825
Happy Trading!
ICICI Bank fib levels for swing trade (Learning Purpose)* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
ICICI Bank Intraday trade setup for 13 SeptHi Guys,
ICICI Bank support and resistance marked with trend line .
Either side breakout can give you good return.
You can take intraday position as per your analysis.
Note - Please do proper analysis and maintain strict SL before taking any trade.
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ICICI BANK cmp 553 t 923/973/1051/1075 ignore below 881 just education purpose only buy or sell before consulting your financial advice
ICICI BANK- BULLISHFirst target is achieved in ICICI BK.
I am going to add 2 nd tranche at current level.
S.L. is given on the chart.
RS and RSI is v. strong.
Above information is given for the educational purpose only.Do your own analysis before investing.
ICICI Bank BreakoutICICI bank is bullish given breakout today
trading much above 20ema
target can be 1000+
can buy above 890 with Sl 850
do proper research before investing
Icici bank - Flag breakoutNSE:ICICIBANK
context of breakout is more important than breakout itself
1) Breakout is happening at new ATH and 52 week high
2) Breakout is happening after a consolidation period of 2-3 weeks AFTER the stock ran up significantly.
this shallow pullback shows that despite the stock ran up, there are no significant sellers, stock is under institutional accumulation
Long - CMP
SL - 865
Targets - no targets, just keep trailing with swing lows and then 50 DMA
will ICICI fall from PRZBe cautious #ICICI is near reversal zone. after breakout 888 next 2nd target is 955.
ICICIBANK perfect example for cycle stockEvery Stock is having bad phase and good phase in their life span.
Good phase will give up time cycle and bad phase will give down time cycle.
When you are trading on that time you forget the stock is up cycle or in down cycle and you trade blindly which results in draw down in your system.
Till you include the time in your analysis with price your system will not get good results.
You can take Lunar cycle as daily chart reference point for in your candles or Sun cycle in weekly time frame or cycle indicator of tradingview.
Please like and follow if you like the explanation.
Bullish on Banks with Logic for 5 September Markets I daily make educational content videos for financial markets.
ALL TIME HIGH BREAKOUT :- icici bankWhere most of the banking sector stock are struggling to reclaim all time high
Two stock i:e icici bank and sbin trading at all time high
And getting ready to give another breakout
As i posted earlier chart of sbi
Now icici bank will buy after a breakout
Target 1000
Sl 846
ICICI BANK ShortCurrently it looks like that we have completed III and we are into 'C' of wave IV. We should look for shorts here.
ICICI BANK CONTRA Icici bank looking weak on daily chart by breaking a curved support trendline and giving a bearish divergence on RSI indicator it is so early to say by only one candle for a breakdown in it but both things are indicating coming bearishness in this stock by the chance Indian indices also looking supported for contra trades in coming sessions.
