H & S - ICICI BankForming Head and shoulder pattern if it falls below 935 on closing basis sell the stock for 923 and 895 with a stoploss of 942. If it sustains for 3 trading days leave the wait for closing below 936 and stock will go sideways then
ICBA trade ideas
$ICICIBANK - Weekly Chart AnalysisAn ATH(all time high) Weekly Close. Respecting the up-trend line. Taking support of key moving averages on every correction. Decent consolidation before breaking out. Now it shall sustain at these levels. As per the trend based Fib extension possible target levels comes to 1400-1600 levels.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter please due your own due diligence and trade on your own risks.
ICICI Bank set to Dethrone HDFC Bank!Attached: ICICIBANK/ HDFCBANK Weekly Chart as of 5th May 2023
The above Ratio Chart is Significantly Bullish and suggests that in the coming Weeks/ Months you will see Money flow from HDFC Bank to ICICI Bank (which means ICICI Bank will relatively Outperform HDFC Bank and you are better off going own ICICI Bank instead of HDFC Bank)
Bullish Evidence as follows:
- Massive Inverted Head & Shoulder Bottom Pattern has formed implying Upside for the Chart
- RSI in a Bullish regime since October 2017
- The RSI Bullish Divergence that started in October 2017 also marked a Trend Reversal point for the Chart, prior to which the Trend was Down
- Higher Highs and Higher Lows clearly point to an Up Trend in this Ratio Chart
- Fundamental Analysis of ICICI Bank too is confirming with this Chart
As an Investor,
you are better off Owning ICICI Bank and Dumping HDFC Bank
And as a Trader,
Long ICICI Bank NSE:ICICIBANK and Short HDFC Bank NSE:HDFCBANK makes for a Highly Profitable Pair Trade
Icici Bank chart analysisPossibility of icici bank ,chart analysis, support and resistance, demand and supply
ICICI BANKClean weekly breakout .Cup & Handle pattern
Buyable at slight dip of cmp
Target 1130
Track Icici bank
ICICI Bank is riding the cup neck breakoutprice spikes above cup next is resulting in huge spikes in ICICI Bank..... more upside is visible as per chart and any meeting expectaion or any small positive view on results to give easy huge gap up monday
ICICI BANKICICI Bank looks good for
an upward move upto 100-150points.
First hurdle is green Trend Line.
Very good volume seen in the last 4 weeks.
SL 915
ICICIBANK BREAKING OUT FROM C&H FORMATIONICICIBANK is making C&H pattern
trading above 20ema
#target can be 1000+
educatinal idea
ICICIBANK – Cup n Handle pattern breakout – 4% upside potentialICICIBANK has given cup and handle pattern breakout at 963 resistance levels.
Target: 1010+ in 2-4 days
SL: Hrly candle close below 960.
Cup and handle in weekly and daily chart, buy with sl of 910Cup and handle in weekly and daily chart, with stop loss of 910
ICICI Bank (Neowave Forecast)Hi Everyone
This is a chart of ICICI Bank, I already posted chart for Bank nfity, HDFC Bank.
Both HDFC and ICICI Bank makes around 60 percent weightage of bank nifty.
So do watch and compare them for your trading setup for bank nfity.
Thank You
BulishSuper strong charts, classic cop forming, don't miss this trade, trade for swing target of 1075/85
My stoploss is just 940 for swing trade
ICICIBANK - Weekly AnalysisIn the Weekly Chart of ICICIBANK ,
we can see that; it has given Cup & Handle breakout.
Let it retest the Trendline and then we can enter with SL & Target.
ICICI Bank Cup & Handle For Education Purpose
Wait for Breakout @958
Height of Cup is 160 point.
After proper breakout, we can consider minimum target of another 160 point from level 958.
Triangle pattern in ICICIShort ICICI Bank for positional targets -1, 925; 2. 900,; 3.850 by July
Expected breakout of triangle pattern before 6 June; most likely on the downside considering banking sector has a correction in the waiting.
icici bank - buy on dipsBuy from cmp to 942
sl close below 941
easy tg - 951
tg2 - 955
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Reverse Head & Shoulder Pattern in ICICI BankReverse Head & Shoulder Pattern in ICICI Bank which means ICICI may get long for longer period.
Cup & handle formation in ICICIBankCup and handle formation in ICICIBank. BO awaited.
Caution as handle is small.
$NSE:ICICIBANK - bullish above 944 NSE:ICICIBANK very short trem trade 1-2 days, entry only abv 944 sl 933 last swing low and tgt 952 and 958
ICICI Bank on daily time frameICICI Bank ...Cup and handle pattern formation
Entry above 966
SL 910
Target 1100
Book profit
Note:- Education purpose only.. not advice to buy...
ICICI BANK CUP WITH HANDEL PATTERNICICI bank has formed cupwith handel pattern and technical target is 1122 based upon depth of cup Only (for educational perpose)
ICICIBANK about to break out? Testing all-time high with strong RSI and MACD showing an upward trend, ICICI could soar to new heights. Can someone help me calculate the next target?
