📊 DETAILS Sector: Bank - Private Mkt Cap: 697,076 cr ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points. TTM PE : 16.97 (Low PE) Sector PE : 25.81 Beta : 1.00 📚 ...
Today price break the trend line. As we can see price create a head and shoulder pattern. It's indicate that price will go down with in couple of days. Indicator: MACD divergency. Support 1: 1042 Support 2:1032 if we can see a bearish candle create near 1042 then we can take short position target of 1032 .
As we can see, 1030 Call options for Feb series are heavily sold. Holds highest OI for feb series. Feb series end i.e tomo we can see 1030 in this counter. If this happens, ICICI will be completing the H&S pattern on 1hr Time frame. It will come to 1010 or even 1000 before reversing from there to reach 1100+ It is a short term bearish stance on ICICI. This is a...
In the Weekly Chart of ICICIBANK , we can see that; it has respected the trendline multiple times. Possible momentums are shown in chart.
Fib confluence at 1116/1118 is where this stock is now headed for. With two heavy weights extremely bullish I think Bank Nifty should make new highs.
I was Observing Icici Bank for A while now .... it has Formed Double Bottom Pattern on Support Zone .... One Can Invest or Stay Long on the Same
As the stock standing at its life time high which is 1059 made after qtrly result anouncement, if in the morning stock crossed 1059 with good price action, then further move can be extended upto 1080 and 1100 level in Feb series. So trade is this :- 1. 1060 CE FEB EXPIRY @ 12 or 1070 CE @ 8 2. Buy in cash for short term target 1100 and 1130 levels.
Weekly Uptrend Break of Weekly Resistance Buy after retest Can place 1:3 RR ratio
If we check Line chart for ICICI bank we find it at breakout level on daily chart, earlier resistance trendline which connects 31Jul23/15Sep23, has become now support where it took support 2/9/18 Jan24. Now facing resistance from trendline connecting top of 15Dec23/23Jan24/31jan24/6feb24/14Feb24. RSI above 60 on Weekly/Monthly chart and abt to break on daily.
the current set up cant be a better example of support. Fib support, Trend line support, RSI & Composite- support above averages. MA support. R1 1056 R2 1080.
NSE:ICICIBANK ~ Stock trading above 30 Week EMA ~ Demand seen at 970-990 levels ~ Consolidating with high demand ~ Flag & Pole Pattern BO and retested ~ Fundamentals - * EPS QOQ increasing * EPS YOY increasing by 25.08% * Sales YOY Increasing by 29% * Annual EPS Growth 67% TTM * DII increasing stakes * ROE - 15.2%, ROCE - 5.85% ~ Overall bullish on Banking...
ICICI Bank for buying side recommendation if it hold the support on 1hr and Target around 1% from the current price and if this stock give the gap up then avoid the gap up around 1% to 1.5%
Welcome To Trend Talk😊 All Levels in a Chart Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
The sharp fall on the 22min chart is the iii of 3 wave. It is the sharpest of all. We know the fall is not yet done. Any rally to 1000 early on will be an opportunity to sell. The Fib confluence at 970 is my revised T2 .The T3 at 950 is fine as the next confluence is there.
Welcome To Trend Talk😊 All Levels in a Chart Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
1032- 1035 is a resistance. if price break this resistance the a move will come for intraday. Support area : 1015 price already follow a trend line for intraday timeframe .if this trend line break then a short fall will come .
ICICI bank forming 2 bearish patterns hanging man head and shoulder pattern. Bearishness to continue in the stock.
For your reference to understand all chart in a single layout in trading view. Time Frame: 15 min HDFC: Trendline breakout at support zone and try to retrace for up move. ICICI: Trendline breakout and try to retrace for up move but at support zone.(Neutral) AXIS: Price at support zone (Neutral) KOTAK: Price follow downtrend .1831 is a support...