ICICI BANK LTD.

BSE

ICICIBANK

ICICI Bank is showing Negative divergence on RSI of 15 and 30 minutes chart. Sell below 432 ( 20 EMA on 15 min) with stop loss above 437 for target 427- 421. Stock is showing fatigue near 430-437 zone.

channel

Stop Loss 1: 393 Target 1 for March 18th: 402 Stoop Loss 2: 398-399.5 Target 2 for March 18th: 411 Make money with me :) P.S. This is according to my analysis and learnings after making many trades with ICICI Bank, most successful & a few unsuccessful. I have succeeded more in shorting this script but this seems the perfect time to go long.

AS A BROAD APPROACH, BANKING SECTOR SHOULD STAY BULLISH AT THIS POINT TILL NEXT YEAR AS VARIOUS TAXATION BENEFITS WILL PROVIDE MORE CASH FLOW FOR THE BANKS. BANKS MIGHT HOLD MORE CASH THAN EVER BEFORE AS MORE ACCOUNTS WILL USE IT'S SERVICES TO INCREASE THE OVERALL REVENUE OF THE BANKS.INCREASE IN CASH FLOW WILL INDIRECTLY INCREASE THE VALUE OF THE STOCK AND A...

SUPPORT ZONE

Price now not ready to go below 295

Double top formed excatly on Fibonacci level

Levels mentioned on the chart. SL for buy 308 SL for sell 335

Short ICICIBANK below 317 T1: 312 T2: 306 T3: 298 SL: 322

one can look into this stock above 294.8 (close) can expect the stock to move towards 397/399/301/303 with sl placed around 285

icici breaks long term resistance with very high volume.. target 320 , ST 290

Break out above 290 with high Volume & Open interest in Options, can rise upto 330.

icici is trading inside the raising channel from last march

moving in an upward chaneel, consolidation from 3 weeks, seems we are near breakout. with 276 sl we might go long for 290, 298, 310 target and on.

ICICI Bank 26.2.2017 Buy Stop order Trade Entry: Market: BSE Stock: ICICIBANK Long/Short: Long Current Price: 285.25 Entry Price: 301.40 Time Frame: Monthly Type of Trade: Long Term Trade Reason For Trade: Stock is in an uptrend In the month of January 2017 Stock has bounced from 50 SMA RSI has bounced from 20 SMA and RSI is above 50 at around 55 RSI has...

on day chart double bottom with divergence is in place. on weekly chart at bottom of trend line indicate bullish week for ICICI

short the stock as we can see the dark cloud cover over there and bearish engulfing pattern and price below 8 ema and hence giving bearish outlook

It is been observed on the daily chart that the price action forms a two harmonic patterns. 1. Bearish Crab Pattern 2. Bullish Cypher Pattern I have covered different harmonic patterns in the educational series which you may find in below attachments. I shall be sharing an educational post on Crab and Cypher patterns by this weekend for better...