Keep Close Eye On Axisbank and ICICIbank
both have same problem they both are not able to understand where its should to go Up or Down..
But one good thing is happening
both are up from last 7 days from previous close
so the story is
buy Axisbank in deep current rate 693 stoploss 675 Target 731 and More if once you are in profit
and In ICICIbank I am...
ICICI Bank is the fifth Heavy Weight stock in Nifty 50. A Rising Channel is seen on weekly time frame. Currently price is at a junction of horizontal and trend line support.
* Before you expecting anything else from this graph just look at the daily and weekly and Monthly graph
* ICICIBank is getting support from its 100 DEMA and 200 DEMA sharply
* Now ICICIBank is above all average as well as the Near of all Average Respectively 426-418-420-400
* There is some consolidation in Hourly graph if Nifty continue above 11325 then it will...
DISCALIMER :- I Am Not a Sebi Registered Analyst..All Posts/Calls Shared Are Just For Educational Purpose Only..Non Advisory,DISCRETIONAL,NO Claims,Rights Resevered..I Am Not Responsible For Your Losses..
Consult Your Financial Advisor Before Taking Any Position
symmetrical wedge pattern in ICICIBank (15 MIN)
stock trade for 14-10-2019 if price breaks upper resistance then buy.
if price breaks lower support then sell it.
WhatsApp 7588646627
As market is showing strong demand zone mentioned in chart, once it come to it, may show new upside rally. Chart is only for study purpose. Do your homework. Views are welcome.
On analysing the chart of ICICI Bank, its looking strengthen today and bounces from the support level. We may recommend the stock for long for Intraday with SL of 417 for a target of 428 levels.
ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. The Bank's business segments are Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, General insurance and Others. It has a network of approximately 18,210 branches and automated teller machines (ATMs). The Bank has approximately 110 Touch Banking branches across over 30 cities. Its international banking is focused on providing solutions for the international banking requirements of its Indian corporate clients and leveraging economic corridors between India and the rest of the world. The Bank caters to the financial needs of women entrepreneurs through its Self-Help Group (SHG) program as a part of its microfinance initiatives.
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ICICIBANK
