ICICIGI trade ideas
ICICIGI |Retest resistance|Flag pattern |Investment opportunity ICICI lombard general insurance has formed a flag pattern.
Key points :
1. Stock has retested long time multiple resistance of 1397 and has started to give upmove.
2. About to give a breakout for the bullish flag pattern.
Caution :
Entry to be taken alongwith volume confirmation.
Note : This is an analysis done based on personal knowledge for knowledge sharing. And not any sort of recommendation, please consult your financial advisor
ICICI Gen Insurance Breakout.Daily Trendline breakout:-
Momentum is Bullish ...
(Positional/Swing)
Buy Near 1486-1490,
SL :- 1450,
Target T1:- 1505, T2:- 1530
Educational Purpose Only !
ICICI General - Retest and break out again - @mayurdharodNSE:ICICIGI Retest of break out and short term TL crossed.
ICICIGI BUYThe stock has formed a flag pattern and is breaking out of it. More upside expected. Buy above 1480.
Triangle pattern on 1 Hour candle - ICICI LOMBARD GEN forming triangle pattern in one hour candle. Though it had break down due to steep NIFTY fall on 21-Dec, it is back to range. Keep an eye on it for possible breakdown.
- MACD cross down on signal line done on 11-Dec, on daily chart.
- Lower high is formed on daily candle chart.
- 5 days EMA is about to cross down 13 days EMA.
NSE:ICICIGIDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Clear consolidation and Breakout Possibly Chart Patterns are showing it is consolidating and show a clear breakout in coming days
Buy ICICI LombardBuy ICICI Lombard CMP 1477 Stoploss 1445 1st Target should be 1510 and if it breakout then higher Targets are mentioned on the Chart..
Study: It may formed a Ascending Traingle ...Risk to Reward is good ....
All Levels are on closing basis
ICICIGI is retesting Breakout go LongNSE:ICICIGI
ICICIGI is retesting Breakout level. Chart is formed beautiful pattern. Go long with sl 1420 DCB for the targets of 1680, 1831.
Clear long term breakout #Cup and handleFirst Target 15% upside and 2nd Target 42% upside for longterm
ICICIGI looks strong for shrt term icicigi has made new high with good volume
also stock has made a breakout from cup pattern neckline comes @ 1383
TGT for short term are 1560,1680
SL 1200
ICICIGI, BREAKOUT AFTER 1 YEAR & ZOOMING AT ATH (CHART# 376)ICICIGI has managed to break its ATH with good volumes today and looks good candidate for short term with 1400-1390 was support zone.
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Thanks
Piyush Gupta
