good buying opportunity in icici bank
it is near support and making a very good risk reward ratio for trading on both long and short side.
if banknifty is negative then it is goin to fill gap and is perfect for short trade.
using market volatility, this can be very fruitful trade.
comment for any queries or help(suggestion) on any active trade.
tomorrow's candle can be a determining factor for next month expiry futures.
considering the gain and bearish polynomica, a closing below todays close will bring the stock down to the levels as mention.
any direction ne the trade.... both will be very lucrative.
please hedge postions before entering the trade
Because of Result its gap up 4.25% .. and high was 866
but not sustain above 855 & then making LL &LH
And finally broke the level of 824/827
if banknifty weak may it fill gap
tgt 870/865
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Icici bank: Rectangle pattern pattern (Time frame- 1 Day )
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Chart time frame -1 Day )
Trade type -Short term
Duration - 2 months
Entry - 760
Target 1 - 820
Stoploss - 730
Risk : Reward - 1:2
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Disclaimer: All charts are purely for educational and information purpose...
EXPLANATION : This is a 15 min time frame chart of ICICIBANK . The stock has been in a consolidate for day both side potential in ICICIBANK , If break any side trade with confirmations . Enter as per your setup .
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Icici bank reached the positional target of the ideal cup and handle pattern. Made a pullback to previous resistance break out, and then gave good move yesterday to complete the pattern. Visit previous chart in the link below.
NIFTY 50 EOD ANALYSIS 25-10-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 18229.50
H 18241.40
L 17968.50
C 18125.40
EOD - +10 points /-0.06%
India VIX = 17.61 /...
ICICI Bank Long
Gap up breakout with RSI confirmation
50 day EMA is strong support zone
Buy at CMP- 745 or around 735
SL- 704
Target- 790, 820
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
