Downtrend became a Sideways trend and now has taken support. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at...
On a big red monthly expiry day, it has taken channel support. Forms a good risk reward ratio. Can buy for targets 1160-1195-1240 Post breakout, targets of 1290-1365-1415-1465 possible. Keep a SL of below 1080-90 closing basis. *This is a view, trade accordingly. *Trail your profits.
we had very good profits in last 2 days and for tomorrow i recommending 2 stocks
icicigi cmp 1131 upside 1160 1184 1200 1222 dwn side 1115
ICICIGI had big volume candle on 3rd Jan, if price starts trading below the 3rd Jan candle then we might see stop loss getting hit. Also volume profile showing 1241.70 is the maximum traded price for the 1 month consolidation zone. below this level we can see 1227, 1215 and 1187 levels. Please note this is my view and is just for educational purpose. I am not SEBI...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
ICICI BANK VERY range bound move. Keep an eye if breaks out or down would give a trending move
The company has been investing in the retail health business by hiring 1K agency managers. This should translate into stronger premium growth over the medium term, said the brokerage. Motilal Oswal remains constructive on the general insurer with a Buy rating and a one-year price target of Rs 1,450 (Fibonacci 61.8%)
This stock is forming sideway which means accumulation is on, hence break out towards upside is highly expected, good to enter with 4% stop from current price. Trade at your own risk, if you are benefited with this analysis then please feed a poor a little. thanks
ICICI LOMBARD after double bottom formation, now at the resistance zone.
Buying happening in icici lombard with good volumes buying can happen with a small stop loss and good risk reward ratio.
the stock is currently trading in a range shorting can be good for below 1212
We recommend Buy call on ICICI Lombard General Insurance Company Ltd. We base our theory on Technical as well as Fundamental. 1) Bollinger Band : A Strong breakout witnessed by the company price on the Indicator. 2) Relative Strength Index : Above 60 Break for the Stock, which indicates strong Uptrend. 3) Fibbonacci Retracements : Stock recently crossed...
* trend change *swing cash long idea *good profit ratio *wait for perfect demand zone to hit
Till now, chart shows good pattern and follow ups. higher low is getting ready. But we have to wait for a confirmation to enter(SINCE THE MARKET IS VOLATILE) May be soon, a Bullish Marubozu candle (WITH HUGE VOLUME) will welcome us. Lets wait and watch. Note: just for knowledge....not a tip/advice.
#ICICIGI - after much consolidation seems tip toeiing out of it's range for some decent short term moves. good to go long with following levels to follow: Buy @ CMP - 1140 - 1150 SL @ - 1110 Target - 1200
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NSE:ICICIGI Looks Good above the trendline , One should wait for a proper Break out :)