Inverted H&S- Huge Volume support when it broke the Major support
- Bears are trapped
- Minor TL has been taken which shows bull strength
- Neck line is not broken yet so wait for it to be taken with good volume
ICBA trade ideas
ICICIBANK trading near the breakout levelCMP: 869
- Closed above key 21 and 50 EMA
- 30 Jan week had the highest volume in a year
- Still trading inside the Budget day candle
- 877 is the 50% Fibo level of the recent fall
- I expect it to gain momentum above 879-880
Long aboveLong above 858.90 for tgt of 866 & 875 sl below 853 on a closing basis of 15 min candle.
Just a view better consult a professional.
ICICIBANK - LONG TERM - HARMONICSPotential Bullish butterfly yet to complete.
PRZ marked with the completion of the above-mentioned pattern. Also, potential targets on the CD retracement are marked with fib retracement plot.
Security is in a bearish trend as 20 EMA is trailing below 50 & 100 EMA on daily TF.
Head And Solder Parten in icici bank icici bank make head and solder partten in hourly chart
ENTRY PRISE : 858
1ST TARGET :866
2ND TARGET:880
STOP LOSS 850
icici bank make head and shoulder pattern in hourly charticici bank make head and shoulder pattern in hourly chart
bye above 858
1st Tr, 866
2nd Tr. 880
SL 850
ICICI Bank BUY for a pullbackin.tradingview.com
Nifty, Banknifty seems to be done on its downside for a while now, Banknifty has shown strength today lead by ICICI Bank. This strength can continue tomorrow and hence a BUY trade can be taken on ICICI bank for a small pullback. Do not forget the overall texture of markets, overall it is sell on rise now, so book small profits.
#Icicibank cash : Looks good above 875.50#Icicibank cash -Positional call
14.Feb 2023
Looks good above 875.5 and dips 867-870
Target 894/914
Cmp 865.30
ICICI Bank breakout Daily trend line breakout with high volume if go above previous day high than it will touch 879 than 909
ICICIBANK Intraday SetupIcici bank Intraday setup. Stock is in a triangle Formation. Any Side Breakout come.
IcicIcic bank
Short term stock buy above 860 /863
Target 950/990
Sl 820
This is only education purpose
ICICI BANK IMPORTANT LEVEL
NSE:ICICIBANK
The stock is getting rejection for 200 ma from 3 days
there is important level 840 and major support area 800
iT is for educational purpose
icici bank 850 support
858 resistance
buy 850 support
book target 858
market open near resistance break 858 go for long
ICICI good sell below 854 for a target of 830.45 with SL of 11 points and a good buy above 875 for 1:2 target.
Trade wisely at your own risk,
Good luck, Jai Hind
icici bank 875 resitance
850 support
wait for icicibank where move facing resistance nifty bank shorting opportunity
850 supporting zone for buy nifty bank
ICICI Bank Short termICICI Bank seems strong bounce back from the secondary trend
concentrate for short term
Ascending Triangle in ICICI An ascending triangle is a chart pattern
used in technical analysis. It is created by
price moves that allow for a horizontal
line to be drawn along the swing highs
and a rising trendline to be drawn along
the swing lows. The two lines form a
triangle. Traders often watch for
breakouts from triangle patterns.
ICICI Bank: Is it a good Buy now...???ICICI Bank
Every thing explained in chart itself.
Just to reiterate
- 868-888 may act as resistance zone
- Minor support at 835-840
- If that is taken out then downside possibility opens up once again for sub 800 odd levels
Given the setup one may consider to go for a Bear Call Spread strategy for Feb series
Sell 880 Call option
Buy 920 Call option
Profit potential of 11.6% on Margin requirement. Risk of rise up to 888 is taken care of by the strategy.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
Double top pattern reversal in ICICIBANK.ICICIBANK
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of Double top Pattern .
✅ It can give movement upto the Reversal target of below 825-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 780-.
ICICI Bank Cup and Handle Breakout FEBCup and Handle Price action breakout
BUY ABOVE >> 879
STOP LOSS >> 823
TARGET 1 >> 927
ICICI BANK short term target 860 ICICI Bank short term target 860 for FEB MONTH options
From the Day chart , it should bounce back to 860 level and opportunity to buy CE for feb month expiry with Strict SL
