0A7M trade ideas
ICICI BANKThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk
Good for accumulation!ICICI BANK is looking good for accumulation. Long term uptrend is still intact and should rise once Bank Nifty starts supporting. 630/615 are 2 SL's for Short Term to Mid Term Trades respectively. Major rally above 670.
How I choose between two uptrend stocksHow I choose between two uptrend stocks. What can be the difference and how few things can make difference while choosing stocks.
ICICI Bank forming a cup and hadle pattern Trend is no doubt bullish
price is tesing the major resistance zone
resistance is at all time high
ICICI Bank for Long TermICICI Bank charts indicate a cup and handle pattern
Can be seen moving towards 740 levels and if crosses 800 could be. SL can be 605.
RSI seems to be good . R is good at proportion.
Accumulate in dips , could give good returns for a long run.
ICICI bank - Triangle breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
