ICBA trade ideas
ICICI BANK BREAKOUTresults will be announced in 5 days so be cautious in this counter. technically everything looks fair and the targets mentioned
ICICI Long term price movement For educational purposeICICI Long-term price movement trend analysis. ICICI seems at the highest price now. This analysis is only for educational understanding only. Not a suggestion
icici bank ATH BOICICI bank looks strong @ATH level. Breaking out of resistance zone in 1 hour candle now. Looks good for swing traders
ICICI BANK MAY HAVE A CORRECTION. RISING WEDGE PATTERNICICI bank's price has been forming a rising wedge pattern which has got broken today.
According to the height of the pole and XABCD bullish shark pattern, the target is set at 647.
The trade setup is to buy ICICI when it reaches 647 or short if there's a pullback to confirm the fall.
The stoploss here is to place at C according to both the patterns, which is not a good risk-reward ratio. So, try to buy when the price falls to 647.
Happy trading :)
This is just for educational purposes.
ICICI BANK longThe current area is a confluence of support
An important trendline as well as testing the previous resistance.
Icici bank can go long after strong breakoutDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
Icici bank for short termThe trend likely to continue inside the parallel channel after a short correction. Aim for large targets because of banks quaterly results. (icicibank result-23 oct)
Icici bank for short termThe trend likely to continue inside the parallel channel after a short correction, aim for a long targets...
icici bank longprice is in a support zone and has taken support at 200 ma.
if it breaks this support then next support is near 687.
you can buy at price according to you risk appetite.
tgt will be 30 points from current price
ICICI Buy at 732 SL 724 TGT 740 T2 750Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Ascending triangle in ICICI Bank Ascending triangle & double top breakdown and resistance .
what is Ascending triangle?
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.
will it retest the support ?? if yes. then we can enter when it fails to break.
entry level is 721, 720 or 719
stop lose is 716 or 715
below 712 it does not look good
max target 740rs according to ascending triangle
735 is the best target according to me.
Head and Shoulder - ICICI BankBeauty of Head and Shoulder Pattern, breakout, retest and massive move.
ICICI BANKICICI BANK can give breakout anytime, put it on your radar.
Buy above- 708
Target one- 719.70 (book half here)
Target two- 735 (book full here)
SL- 688.90 Strict SL, After hitting the first target trail your SL to 706.85
ICICBANK SELL LEVELS...13.10.2021ICICBANK forms bearish pattern in daily candle...once below closed at 720 then huge fall expect
Taking support at the cloud and looking up ICICI BANK is at the crucial zone of support and once it crosses 711 on closing basis on daily, it will give a fresh up move towards 730, 750.
Results coming up in a couple of weeks will hopefully provide more momentum.
ICICIBANKSeems ICICI consolidation is completing soon and up move can start from here.
with minimum stop loss, entry should be possible at this point
ICICI Bank (Dt. 06.09.2021)After consolidating for almost 5.5-6 months, ICICI Bank gave a breakout in August 1 week which it has retested and confirmed in the last week of August. While it is forming a classic flag n pole pattern on hourly Tf, soon we can expect ICICI Bank to achieve levels of 750-775 (Pole length is arnd. 40 pts.)
[ INTRADAY ] ICICIBANK LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
