ICBA trade ideas
Bearish Flag breakdown in ICICIBANKICICI BANK LTD
Key highlights: 💡⚡
✅On 1 HOUR Time Frame Stock Showing Breakdown of Bearish Flag Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1055-.
✅Can Go short in this stock by placing a stop loss above 1134+.
ICICIBANK | Add To Watchlist📊 DETAILS
Sector: Bank - Private
Mkt Cap: 761,335 cr
ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points.
TTM PE : 17.94 (Low PE)
Sector PE : 24.22
Beta : 0.92
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
0.49% away from 52 week high
Outperformer - ICICI Bank up by 5.92% v/s NIFTY 50 up by 2.4% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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ICICI BANK 1HR- EARN WITH ME DAILY 10K-20K -
ICICI BANK Looking good for Downside..
When it break level 1150 and sustain.. it will go Downside...
SELL @1150
Target
1st 1143
2ND 1136
SBIN MAY FUT – LOT 7 (Qty-4900)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Why this sharp uptrend, then comes down, to hit stoploss? No.!Whenever a sharp down trend forming after a long sideways move, One might think that this is being done purposfully to hit the stop losses. But obviously no.
Whenever the sideway move forms after an impulsive move. Its worth to test the upper move is arrested or not. hence, Once again testing peak again, Normally this will take the move much more upwards when the trend succeeds.
On the Other hand when it fails, it will take the sharp reversal and might continue for the quite some time.
ICICI Bank Ltd (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
ICICI Bank Ltd
Target: RS 1210
CMP: RS 1150.40
ENTRY RANGE: 1135-1162
STOP LOSS: RS 1105
Disclaimer: I am not Sebi Registered.
ICICIBANK - Ichimoku Breakout📈 Stock Name - Icici Bank Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1163.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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ICICI Bank Negative Divergence on Weekly Charts₹₹ICICI Bank at upper trend line & every time selling seen when it comes near trend line. Also RSI showing Negative Divergences with prize. Selling below 1111 will be fast. If there will be no breakdown it may go sideways. Plz before trading study charts carefully with proper risk management & do your own research also. Thanks you
ICICI is very Bullish and BN is sure Buy in CE sidewith ICICI declaring very good numbers and also in charts ICICI Bank showing upper levels in coming days and weeks for sure. Already HDFC Bank is showing support, Axis is positive and now ICICI given very good results. I only see CE Buy in Bank Nifty and this will support Nifty as well. Do not short Indian markets right now. In my view both Bank Nifty and ICICI is good buy for higher levels.
ICICI BANK : Bearish - Rising Wedge detected, and Double TOP ?!ICICI BANK : Bearish - Rising Wedge detected, and Double TOP possible.
To monitor:
The exponential moving averages 50 (in pink) around 991 ,
and the exponential moving average 200(in white) around 793.
A possible Double Top is detected.
+ there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!
So a bearish return is possible
Be safe!