NSE ICICIBANK ICICI BANK (WEEKLY)Normal trend line breakdown - retest pattern.
Price might move till 685.
Then based on RSI price might move till 660-650 again.
Keep booking profits at appropriate levels.
IBN/N trade ideas
ICICI BANK TRADING IDEA Q4 2022 ResultsNSE:ICICIBANK
Candle Pattern Form on Weekly Closing is Shooting Star at the top ( A Bearish Candle) indicating trend reversal.
A Death Cross was also formed on 12th April when DMA 44 crossed below DMA 200.
There is a Gap between 778 to 788... which is offering resistance!
Due to Good Q4 2022 Results, the Stock is likely to open GAP UP on Monday, April 25, 2022.
However, analysing the Futures Open Interest data its observed that there is a short build up.
Option OI suggests that heavy Call Writing has been done from 780 onwards... 800 has the highest CALL OI... So 800 will be a Strong Resistance. Also Maximum Puts have been written at 700 level, so 700 is a good support. These two levels may be respected at least till this month Expiry April 28, 2022.
Overall its prudent not to enter at 770 above level unless it crosses the resistance... else it may be a Trap for the Bulls!
ICICI Bank- Gravestone Doji on weeklyWith results due on 23 Apr, ICICI Bank will be interesting to watch out for next week, as bearish formation visible on weekly charts i.e GRAVESTONE DOJi
ICICI bank is at short term SupportPlease share your view in comment...
750 looks crucial for next week
Icici bank Analysis HNS Pattern
bearish View
All levels mentioned
Only recommended to take bearish trade if levels taken out else watch it
ICICI is a Buy Zoneicici bank is buy zone it will move fast above 755 Level wait for sustain the same level
Double bottom in Icici bank.ICICI bank has given a breakout from a classic double bottom pattern and the breakout is supported by an upmove which is a good sign. This large cap stock is at a very good price and we can expect an upmove to its previous high in upcoming months.
icici bank can show up move till 744 and make bank nifty more sticici bank can show up move till 744 and make bank nifty more strong.
ICICI BANK MID-TERM SWIMG TRADEHello, icici bank stock swing trade buy: 729 target: 780 stoploss: 714.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of resistance buy on pull back makes RR good (target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of resistance candle. NSE:ICICIBANK
Cup and Handle pattern breakout in ICICIBANK.Today's session Cup and Handle pattern breakout in ICICIBANK. According to this pattern next expected to target 808+ in 1D time frame.
ICICIBANK Long BTST/1/2 day swingCan go long on ICICIBANK FUT on the levels mentioned. Looking strong in 1 hr tf.
ICICIBANKICICIBANK has broken above the swing high today and it is on the verge of closing above RK's short stop loss line, this can possibly lead to the next step of up move.
Also macd and other indicators are also suggesting same scenarios, As per wave counts, minor degree wave iii can possibly unfold at 777 and more, On the way down 694.50 level would be support to watch out for forthcoming trading sessions.
rk buy signal in daily and also close above rk SL line
macd in weekly converging
macd in daily positive
rsi in daily uptick along with double breakout
dmi adx converging towards positive
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Disclaimer.
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My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
ICICIBANK 799+ LONG SIDE TRADE WATCH 10%+NSE:ICICIBANK
Trade Logic | LONG BREAKOUT WATCH. STOCK ABOVE 20 DMA.
Entry 721
Stop 688
Target 799
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE trade idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
ICICI BANK...left many gaps while falling from the top ..ICICI BANK...left many gaps while falling from the top ..now it needs to fill all those gaps .down side gaps are filled..
ICICI Bank Look for 825 to 847 Keep a SL of 795 on closing basis
Target can get achieved by expiry
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Building long position on ICICI bank Tranche 1 of 38 shares @ 650
1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA
Price is on a downward trend with a major sell off this week
2. Is there any trend reversal in play?
1. No trend reversal in play
2. At important support or resistance - horizontal - Yes brought when crossed 50 Weekly and at long term previous resistance turned support
3. At important confluence of EMAs + price + support - Yes - Near support and 50 EMA weekly
3. How are the candlesticks behaving and what is the volume doing
Decline in price with large selloff volume
4. Is there any trend continuation in play?
Downtrend looks to continue
5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance)
No
6. Fundamental factors in play
1. EPS growing quarterly and yearly due to revenue growth and OPM growth... Q3 2021 was fantastic
2. Are institutional investors/promotors increasing their stake - No movement in shareholding
ICICI bank Double bottom !IF the support line is sustained in ICICI bank intraday 15min, W pattern can been seen and chances of BNF touching 35k will be more.
