Chart showing accumulation after a ralley, Stock is trading above its 50DEMA, expecting breakout of flag and pole pattern. A Long at these levels can be initiated using cash segment or even in MAY futures. TGT for futures and cash are indicated in the chart. As of today May futures trading near 1726-35- TGT will be 1800-1810. SL below 50DEMA.
Buy ICICIGI, Ready for an explosive move to the upside. Guaranteed trade but no guarantees. Buy calls and keep averaging
ICICI General Insurance (ICICIGI) has been on a notable rally since its surge from 1100 levels. The stock has displayed impressive resilience, continuing its upward trajectory amidst market fluctuations. Over the past few weeks, ICICIGI has been consolidating, forming a potential launching pad for its next leg up. Technical Analysis: The current consolidation...
Looks ready, next leg up possible from here with monthly revealing its real direction
Liquidity grab possible if not then will start picking up momentum to the upside.
ICICI LOMBARD (1D TF) - Swing Trade Analysis given on 7th April, 2024 Pattern: RECTANGLE BOX - Volume buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer
Reason for long a) Consolidation breakout b) entry as indicated in chart c) Weekly breakout d) SL compulsory e) Possibility of QQE breakout
Stock is sustaining above the resistance zone(1567-1626) for 7 weeks now in 8% range. It has also closed first time above 1675 on weekly basis which it had tried to test twice, few weeks ago but failed. So this is a good sign showing strength. Volumes are decent for the past few weeks. Currently its making inside bars between a range (1611-1699) So we need a...
weackly chart create cup and handel pattern and a big rounding bottom create munthly cgart.
Buy at cmp sl close below 1645 easy tg - 1666 tg2 - 1685 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
Currently ICICIGI closed at All Time high @ 1726.75 Along with Breakup out trade with Respecting to 20 EMA in uptrend. Stoploss - 1600. Target - Close the positions until it breaks previous day low or previous Market Structure.
It is one of the leading and established private sector general insurance companies in India. Market Cap₹ 84,936 Cr. ROE 17.6 % InstHold 40.9% Growth YOY :- Sales 13% PAT 22% Bluesky Breakout with 4X Relative Volume. #StocksInFocus
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Plan your Trade and Trade your Plan The trend is best friend follow the process not money.
The stock is near crucial resistance and breakout is expected within short span . the stock is making a beautiful rounding bottom pattern and upon breakout the stock can be seen trading around 2100 levels
NSE:ICICIGI - I've entered with half quantity (SL defined already) - will add the remaining half, when resistance zone (highlighted with yellow parallel bars) breaks 🚀 P.S. Profit booking as per capacity 😅
All details marked on the chart. Trade with a Stop Loss. Trade well. --- --- --- When we lose money, it is human nature to want to make it all back twice as quickly. Slow down, keep focused, and stick to your strategy.