NSE:ICICIGIDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
ICICIGI trade ideas
ICICIGI - 4H TF - Head & ShouldersHead & Shoulders pattern forming on 4H Chart of ICICIGI. SELL 1275, SL 1360.1, Target(s) - 1225, 1175. Measurement = 144. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
ICICIGI BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
ICICIGIDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Consolidation likely to be over soonDown side limited to 1265, break out will be seen once it crosses 1400 on closing basis.Consolidation likely to stretch up to end September.
1400-Multi resistance must be respected.Multi resistance must be respected. If someone is long then it must respect the resistance from multi trendline.. One can average, re enter on BO above 1400. P.S:- Don't miss the resistance point is the point.
Long position in ICICIGITime frame - 1 Hour
As 3 days ago ICICI sold a large stake of ICICI Lombard stock fell near 5-7% and not ran up recently much.
I would suggest to go for long at this point to capture 20-50 points.
Support from the trendline has been confirmed.
Buy ICICIGI 1340-1345Technical Trade - ICICIGI reclaimed 200DMA and it has been trading above it comfortably. down days volume are below average daily volume, this is constructive.
ICICIGI - TRADING IN A SYMMETRICAL TRIANGLEICICIGI
ICICI Lombard General Insurance Company Limited is trading in a narrow range in a symmetrical triangle.
RSI shows an uptrend.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***
If the price gives a breakout, we might see 1340, 1375, and 1440.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
cautious long for ICICIGI with strict stoplossstructure looking weak with decreading volume MA.
company debt free...so higher leveraging strenght
pe < industry pe( 47<48)
profit growth best in industry @ 13 %
delivery percentage @ 68 %
swot = 5/5/1/3
hope it does well on next 5-15 days .......
