ICBA trade ideas
ICICI Bank: Go for ShortICICI CMP: 902
ICICI Bank Ltd is India`s second-largest bank.The service offered by the company includes Deposits,Loans ,Cards,Investments & Insurance & Demat. In the NRI segment services offered include Money Transfer,Bank Accounts,Investment,Home Loans,Insurance,Loans against FD,etc.
Short Below 900
Target : 893-890
SL: 905
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icici bank Icici bank not support on banknifty , because (M pattern) look berish all day (today) 921 strongest support lets see tuch the levels
ICICI Bank : Swing Trade for +1.62% upside potential14 Dec 2022
Nice consolidation for past 2 weeks can be seen in the stock, 936 zone is respected for the said period, likely BO
Trade can be above 936 with stop below 930 for potential Target of 939-943-947-950
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
bearish wolfe wave at the start of the month a bearish wolfe wave was completed n ICICIBANK charts, the trade has good risk to reward of 3.61.
Disclaimer- i am new to this concept so if i am wrong in drawing please feel free to point the mistake, i have been practicing it since the f2f of Mr Vivek Bajaj aired.
ICICI Bank: Chart set up and trading strategyICICI Bank
The stock is trading near resistance at 936-944 zone
Given the set up, one may consider a Bear Call Spread strategy for December series
Sell 940 Call option (currently around 13.4 &
Buy 960 Call option currently around 6.1
The strategy has a max profit potential of approximately Rs 10037.5/- per strategy and a yield potential of approximately 13.5% on Margin
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Long Trade in ICICI BankVery Good Risk Reward Trade. ICICI Bank has been Outperforming Bank Nifty from a long time, so according to me this is the time for ICICI Bank to step in further and help Bank Nifty to move higher
ICICI BANK - DAILY CHART - 08.12.2022 - BAHAVAN CAPITALICICI BANK as per day Chart Analysis Stock ABOVE 933 TARGET 940
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
ICICI Bank Average delivery is 61% and today's delivery is 81% marking the high and low of today and whichever side it breaks we can see strong momentum.
ICICI BANK Looks intresting,Chart looks very intresting but no clue about fundamental...Few fake breakouts makes neutral opinion!
ICICI BANK TARGET ATH ICICI BANK this stock visible surely in uptrend although waiting for a breakout which will be a triangle pattern breakout on two hour timeframe chart could happen after when it able to break falling trendline resistance and close above on that in this condition target would be around 960 levels where it is facing up trendline resistance mentioned on chart.
[Diary] ICICI Bank Wedge Breakdown BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Short and longShort first at 935 for tgt 928-25-23 and initiate buy around 924-922 sl below 918 for tgt of 950.
Let's watch this trade. It should be fun.
Good luck.
ICICI BANK - DAILY CHART - 28.11.2022 - BAHAVAN CAPITALICICI BANK as per Day Chart Analysis Stock ABOVE 944 TARGET 950.
Happy Profitable Trading to All...
ICICIBANK | Intraday Trade• at short time Resistance 931.85
• Entry:- 930 break
• Downside Supports can become our targets.
Targets :- 925.30 , 923.70 , 922.30
• Stop Loss / SL :- 932 Resistance zone
Dark Cloud cover pattern in ICICI BankDark Cloud cover pattern at resistance seen in ICICI Bank and it could be a good opportunity to sell ICICI Bank for short term.
ICICIBANK - Cup n Handle Pattern - 10% upside potentialICICBANK has formed Cup n handle pattern and is near resistance levels of 930-940.
Hrly candle close above 940-945 will give confirmation on upside.
Target: 1020-1030
SL: Hrly candle close below 925
Target timeframe: 2-4 wks
Cup & Handle breakout signal in ICICI BankToday's candle marks the break out of the Cup & Handle pattern in ICICI Bank's daily time frame chart.
We may see a couple of days of profit booking due to the following reasons:
1. F&O Scrip
2. Near lifetime High
3. Has been closing in green for 8 consecutive days
But, don't fret. Good days are only going to be ahead. I will suggest accumulating on every dip with an SL of 837.6 from the medium to long-term view. From a short-term perspective, one can have an SL of current swing low i.e. 891.25. Both are on a closing basis.
ICICI Bank : Breakout SoonICICI Bank : Cup & Handle Breakout Candidate
Enter above safe Entry Levels
Good Strength & Volume
Happy Trading !!!
ICICI bank - Cup & Handle boCup & Handle breakout
1) Strong trending move
2) shallow pullback after a big move, progressively weakening sellers on next wave of selling
3) Quick shakeout within the handle and price moving back up quickly
4) RS consolidating at all time high while price fluctuates in narrow range
this is a weekly tf structure and will play out over next 8-12 weeks
