ICICI Bank is ready to move forwardBreaking up a great consolidation with a triangle pattern on daily timeframe.
ICBA trade ideas
icici bank Buy abv - 774 or buy range at 730 to 690
sl - 667 or no sl
Targets - 820
already break out
Long ICICI above 780Long ICICI above 780
Targets 840+
Daily, Weekly, Monthly all above important moving average.
Weekly 9 EMA is about to cross 21 weekly EMA
Daily, Weekly, Monthly RSI >50
** Educational purpose only**
ICICI Bank: Chart set up and Trading strategy...!!!ICICI Bank
Observations
- The stock is near Line of resistance
- minor support around 756 -757
- gap support around 702-720 odd levels
- major support around 680 odd levels
Given the set up, one may consider to sell 28 July expiry 780 Call Option currently around 10.5
The strategy has a yield potential of 7.5% approximately and covers risk for a rise in price up to 790.50 till expiry
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
#StockMarket #IcicibankICICI Bank
On daily chart form double bottom pattern exact at its strong support
Also is about to break its 10 month old trendline, at its resistance level
Safe buy above resistance zone 778/800 levels
For short term targets of 798 to 805 levels
Keep Trailing SL and also its good to partial booking 1-2% profits
In case of gap up and gap down avoid setup.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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Watchout for 10 month old trendline breakoutThe stock is testing its 10 months old trendline and is also making a W (double bottom pattern)
Aggressive players can buy above 772. Safe players buy above 778 for both intraday and positional trade.
Positional targets can be 788 and 808 in short term.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
ICICIBANK - 11th July 2022Stock entering Resistance Zone - Expect Choppy random moves while in this zone.
Bear can try to push prices lower
ICICI Bank - Bulls Counter attack in Weekly ChartsICICI Bank - Bulls Counter attack in Weekly Charts , Strong Momentum build up for upside in the medium term.
Positional Pick(ICICIBANK)ICICIBANK has given a breakout from a symmetrical triangle pattern in weekly chart.
Can be brought at CMP and hold it for short term .
Fundamentally, Stock is also nice and good time for investing also.
ICICI Bank - Icici bank travelling within symmetrical traingle since march, exactly on resistance, if it brokes nd sustain above resistance then we can look for long opportunity, on a contrary , if open below resistance then we are going back to the triangle pattern support level of 680 zones
Global Market tumbles | Nifty and Icici bank options play 6 julyI daily make educational content videos on financial markets
icici long timetriangle pattern form in icici chart
so if break up side its goes buy
if break down side its goes down side.
ICICI Bank Triangle Breakout PossibleICICI bank has created a beautiful triangle and while it broke down for a few days, it has reclaimed the triangle formation and looks set to give a positive breakout. Keep this stock on your radar and expect a new all time high. I do believe that bank nifty and other big private banks should move soon and give good returns.
ICICIBANK : Possible BO - Reasons
Currently, SMA 20/50/100/150/200 days - all are withIn 3% range
Trend: Monthly is +ve already and Weekly is Changed to +ve
Close crossed Weekly and Monthly Pivots Upside
Today closed with a strong Marubozu candle.
Close is above 20 SMA on Daily, Weekly, and Monthly time frames.
Above 734 next 764, 776 and then strong upside move possible.
ICICI BANK 720 CE July month expiry - 4 HOUR CHARTGo Long if ICICI BANK 420 CE for July month Expiry if it is sustaining above sustaining above Sustain 720 in 1 hour chart.
Risk Reward Ratio is good in this Trade Setup
ICICI bank 30 min Bearish wolfe waveICICI bank 30 min Bearish wolfe wave formed for tgt of 660 lvls
(this is only for educational purpose)
ICICI bank - Long above 770 SL 739I marked all details in the chart.
Rationale
1. One of the highest weight in Bank nifty. I expect bank nifty to perform better than Nifty
2. W Pattern is in making. White line marked is a strong resistance breaking up of that would lead to quick move.
3. SL is based on Fibo
Points to Note.
1. Keep tight SL of 735 DCB.
2. High risk and reward trade.
Index trades with OI data | Swing and Intraday Ideas for 27 JuneI daily make educational content videos on financial markets
ICICI bankPrice was consolidating and tried to give a break out. Without bullish strength again it consolidated within a narrow range. Buy above 716 with the stop loss of 711. Targets are 721,726 and 731.
ICICIBANKNSE:ICICIBANK
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio is 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
ICICIBANK (24 June)ICICIBANK (24 June)
RSI- 50
9 days consolidation breakout
Gap up opening above 20 day EMA
Short term
Buy at CMP- 709
SL- 698
Target- 718, 726
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Charts and views are only for educational purpose.
ICICI BANK In this Chart
Range Breakout Forming Next Move for Intraday chart we will get both side entry as Per Trend
RSI is also Between 60-40 that's will be good Sign to trade
Where getting a Breakout
