Icici prudential for swing Icici prudential for swing
good reversal from 200EMA
sl can be of 550 for target of 650/680/700++
ICICIPRULI trade ideas
ICICIPRU buying ideaFalling wedge pattern breakout and retest on hourly timeframe.
Currently the stock is consolidating. Big move can come anytime.
Target can be taken as red line on the chart.
Blue line is acting as a good support.
Disclaimer: This is an educational chart and no recommendation. Pls invest as per your risk-reward and analysis.
ICICIPRULI - Retest Structure + Fibo Support - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Buy Icici Prudential Life--Investment Idea Weekly Analysis
Buy Icici Prudential Life
Stoploss 390 Weekly Closing Basis
Target 850-920
Study:
Inverse Head & Shoulder Breakout & Retest Structure
Sell from 558 SL 562 TGT 551 548Suggestions are based on my analysis only. Please do your analysis before taking any trade.
ICICI Prudential Cmp 577 dated 14.12.2021ICICI Prudential Cmp 577 dated 14.12.2021
1. Double Bottom Support @ 565 taken.
2. Piercing Engulfing Candle Stick @ bottom of
chart.
2. RSI Divergence.
Buy for a tgt of 585-595-605-615-625 SL 562
It is just a view, pls trade at your own risk.
BUY ICICI PRU LIFE 575 TGT ABOVE 600 IT IS BOUNCING BACK FROM RESISTANCE Aguug9gwr ilkdgium oj(Uu90ugeji iuojfudjgjdgjpozo
ICICI pruICICI pru taken support of daily trendline today its good to add some equity at this point also lower time frame indicated positional setup for nxt 5 days will watch closing of ICICI pru.
ICICI Prudential - Rising Wedge PatternNSE:ICICIPRULI Formed Rising Wedge Pattern.
Also It's trading near Major S/R Zone.
If it falls below 537, we can expect good fall. Else it will continue inside the pattern.
It can also reverse from trendline support or major S/R (537) zone.
#ICICIPRULI entry-550/530 , tgt 670, SL 500#ICICIPRULI
entry- 50% @ 550 & 50% @530
Tgt 678
SL 500
Risk: Reward - 1:2+
ICICIPRULifeGood opportunity in ICICI Pru Life, Can buy till 535.
Target of 35% form that point.
Would suggest to invest 50% now and wait for some correction, if happens then deploy next 50%.
ICICIPRULI SHORTING OPPORTUNITY9th Dec 2021
On daily charts it had formed lower high lower low pattern formation. Breakdown of previous swing will again consider downtrend below 584 level will have a good shorting opportunity.
[ INTRADAY ] ICICIPRULI SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
[ INTRADAY ] ICICIPRULI SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
********
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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
icici prufresh breakout
keep sl 640 for first target of 724 and then 800
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Breakout with volumes !!Stock after correcting by almost 14% from its high, has given breakout from sloping trendline with good volumes. Also, there is a morning star pattern on daily chart. Company has posted good Q3 results.
Now, one can consider long position with SL 650 on weekly CB for the target of 720+ with 1:2 RR.
Kindly do your analysis before initiating trade.
ICICIPRULI RISK REWARD 1:2BUY CMP
SL-636
TGT- 690
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ICICIPruli - Breakout PossibilityICICIPruli :
Descending Triangle (DT) Breakout
and Inverse Head and shoulders (IHnS)
Looks good above 687 with SL 675
Great long term investment in insurance sector fundamental analysis-
1. shareholding
73.42% promotor holdings ( unpledged )
17.17% FII investors
4.14% DII investors
almost 95% holdings is in strong hands.
2.performace
56.62% 1 year performance (better than peers)
net sales are better than peers.( Rs.2,755 )
financials are getting quite stronger.
*reason to invest in insurance sector-
Having a look at the current market scenario, we can find that LIC has taken over a major part in the overall Insurance Industry in India. However,
given the rate of growth in the other Non-life insurance sectors, it is estimated that they are sure to compete with
Life insurance companies in the years to come. New insurance companies rising up in the market will definitely experience a vibrant growth
and expansion both in the Life as well as General insurance sectors. The general insurance industry is expected to increase by 7-9% in terms of
gross direct premium income in FY22, backed by healthy growth from the health and motor segments.
technical analysis -
on daily frame it looks like bullish flag pattern.
short downtrend was recently broken and retested also with a great heavy volume.
time to accumulate the stock for long term.
this study is for education purpose only.
Bears Trapped in ICICI PRUDENTIALICICI PRUDENTIAL Breakout.
Bears are trapped in Descending Channel (parallel dashed lines downward), highlighted in yellow.
High Volume on daily chart.
RSI is above 60.
Strong Bullish candle.
#nifty #Banknifty #Icici
NSE:ICICIPRULI 650 level shared !!NSE:ICICIPRULI
#ICICIPRULI 650 CE
Zoomed like rocket today !!
Potential targets marked on chart !!
Happy Trading !!
