ICICIPRULI trade ideas
ICICIPRULI CONTINUING UPTRENDICICIPRULI HAS GIVEN A GOOD BREAKOUT AND HAS RE TESTED THE TREND LINE AND IS ABOUT TO CONTINUE THE UPTREND
ICICI PRUIt looks bullish. After giving multiyear breakout came back to retest the level. Also, formed W pattern in day chart. Since the retracement done. Buy above 537 and it could be swing trade. It may touch 611 level in coming days.
This idea is only for education purpose, trade at your own risk.
NSE:ICICIPRULI
buy icicipruit has retest its breakout level at 537. we may see 650 in coming days. view negated below 495
Bullish Flag Pattern BreakoutTommorow there will be a great breakout and also check the points which i have draw and also if you guys live this please give a like and comment down !!.Do let me know if you earn money so that i can publish more content.
ICICIPRULI set to make high...ICICIPRULI
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1. Higher Highs, Higher Lows are made.
2. A strong weekly resistance is broken.
WHERE TO ENTER
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1. It is a fundamental of the technical analysis to enter on retest. The stock is eventually retesting the resistance changed as support now. One can buy after it reaches the support and take a U turn from there.
2. Many of us, feel bad not bought it at low, if it goes up huge in a day. Those can buy 25% or 50% now and wait for the U turn. After the U turn, they can buy the remaining.
WHERE IS THE STOP LOSS
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If it closes below 520 on a daily closing basis, then we can exit at 3.25PM on the same day.
WHERE TO BOOK PROFIT
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It can go to 625 in 4-6 weeks. That can be the first target.
ICICIPRULI 1W TF Price volume breakout at 1.5 year's long resistance along with retracement.
Might rally beyond 600+.
ICICI PRU, Base formedGood support formed around 550 level. RSI showing strength. Bullish Harami Cross on daily chart.
Breakout in weekly chart of ICICIPRULI.There is a breakout in weekly chart of ICICIPRULI, the target as per Fibonacci level is 725.
icicipruli consolidation breakdownNSE:ICICIPRULI
Stock rallied and consolidated at the top in between 552.25 and 574.75
rsi divergence can be witnessed in daily time frame and 1 hr time frame
5min close below 552 can give good downward momentum
result of Icici Prudential Life Insurance chart analysisresult of Icici Prudential Life Insurance chart analysis
Long on ICICIPRULI 1.Triangle Pattern breakout
2.Breakout of previous resistance
3.2x volume than average volume from last 3 weeks
4.RSI >60 , and trendline breakout
For Medium term investment
Entry at 550-560 SL 515
Target 1: 680
Target2 : 750 NSE:ICICIPRULI
ICICI Prudential Long_positional_investmentIn someway Insurance is a business of fear.
Now people are adjusting to Covid Pandemic and they are trying to find safety and security for family and Insurance is one way.
This is really good news for the Insurance sector.
For me it's a really good investment opportunity. I will add stock when they are near the support lines + monthly sip.
18 to 24 Months.
somehow the Almost same structure can be found in all others insurance stocks in India
HDFC Life
SBI Life
and when LIC will launch the IPO that will be the best option too.
the same structure can be found in all insurance small cap but for me it's better to invest in top companies
ICICPru Long callOn a weekly chart it looks very bullish if sustain 540 can target 600-650 keep SL of 520
ICICIPru Looks Weak | Coming to 540 and Below?The stock looks weak near resistance and may come towards targets marked on the chart with white lines until the level marked with the red line is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ICICI PRUDENTIAL - wait for strong close of candleThis looks amazing till the date, I would suggest wait for tomorrow and see how the weekly candle closes,
If the price closes strongly then I would jump in this trade.
Risky traders, you can jump in directly after watching 1st one-hour candle.
Safe traders wait for the retest of Trend Line. (it will give you a double confirmation to buy)
Happy trading and investing
RECTANGULAR BREAKOUT Next My Expectation is 800Rectangular breakout with Volume, RSI (Weekly) crossed 60 DMI+ Crossed 25 RS is increasing.
