Unless it doesn't break this channel pattern it's in a downtrend. If the stock is able to break the channel pattern expect a high momentum in this stock.
Although ICICI Bank chart is forming a Bullish pennant, global market narrative is not in favour of bull markets at the moment
ICICI Bank Ltd - 11.02.2022 The stock is trading @ 790 levels The prices are near EMA There is a SPINNING TOP in Weekly Charts RSI is 58.97 in Weekly Charts Let the prices go above 806; one can initiate a BUY Position with Support @ 773 There is a RESISTANCE Zone at 810 levels watch out for the price action
As per weekly levels, ICICIBank is poised in the middle, next few sessions can tell us where the price is heading, but one thing is for sure in intraday trending move is very difficult and many whipsaw might come
Here, ICICI bank is making a symmetrical triangle pattern in an uptrend. We can also say that it is a flag in form of symmetrical triangle. As prior trend is up, a break on upside can push the prices higher. Disclaimer: only for educational purposes.
ICICI bank's price action looks good for about 50 points on either side depending on which side of the small narrowing wedge (nested inside larger widening wedge)
This is ICICI monthly timeframe chart, which has a major trend as an uptrend. In this, 1 to 4 waves have been formed and to complete the impulse module, the 5th wave is going to be made. The third wave is extensive. The wave count of it is a bit unclear. When we count the minor waves of the 3rd wave, the 4th wave of minor waves is overlapping. But if we see the...
In this chart you can see that price is respecting parallel channel. if price wants to grow more , their is no concept of truncation. wave 5 may have to travel 78.6%. price may destroy resistance and we can also get pull back. check related idea for more detail. if their is reversal we can get signal by candlestick patterns.
20% Earning opportunity in Short term trade. CMP: 805.05 ( Good above 812 ) SL: 763 Target: 1035 ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and...
Hello Everyone this is my first post I make Elliott Wave but I'm not sure I can calculate Elliott Waves correctly because this is my first post you can comment me and right suggestion for me thank you all of you
Dear Friends, Refer chart for tomorrow stocks Algo.. we have selected four stocks for tomorrow market based on Analysis. Regards Kirit
the Script is in good uptrend and now have recently retraced from FIB level and have shown good bullish candle. If it crosses 0.618 Level and Sustain a candle in 30 Min -1 Hour TF we can see good buying opportunity . PLEASE MANAGE YOUR RISK
ICICI BANK Bullish flag pattern formed on charts. strong base buildup in OI. Only for education purpose
Hi everyone, If you break out the parallel channel in this chart, the whole trend will change and you will continue to move from downtrend to uptrend. Elliott Wave most complicated wave c is running thank you
A correction phase has begun. RSI falling. If it breaches 762 level, can give a good buying opportunity around 709-715 levels. A downward megaphone pattern, if continued, can be the cause of a steep fall.
After a long parallel channel support with retracement at .5, one can long ICICI Bank with small SL
As per request of People. In ICICI go for short . Now in Downtrend and also retraced level of 0.3. Best time to short selling. Also form Bearish Engulfing. CMP: 781.15 Target 1: 753 Target2: 709 You also go for Long term buy on dip strategy with five time investment. Feel free to share your feedback and queries. If you want to know about your stock please...
On Date 28/01/22 The ICICI Bank Made a Bearish Engulfing pattern on Daily time frame.