ICICIPRULI trade ideas
ICICI Prudential Life Insurance ready for the uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too.
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The stock had given a multi-year breakout in May last year after that from September it was in a retracement phase. With the recent breakout of the last Lower High in the daily timeframe, we can see a strong uptrend from the present level.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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ICICIPRULICMP: 558
The stock is near the support level.
510-537 is the latest support.
Expectation: 724
LONG ON ICICI PRUDENTIAL Disclaimer: I am not SEBI Registered person This analysis is for purely Educational purpose
If sustained above 582 after retracement
Entry@ 582 around SL 537.6
T1 607
T2 628
T3 651
Risk to reward 1 to 1.5 (MAX)
ICICI prudential#chartkuchkehtahai #tradethechart #longterminvestment #ShortTermTrade
Stock: ICICI prudential
CMP: 583
Target: 675/780/840
Stop loss: 510(WCB).
Note: Educational post, pls do your own research before investing
ICICI PruICICI Pru
Clear double bottom Breakout.
Buy now, Keep adding any and all dips to 560
Keep SL as 540 on CLBS
Target 609/682
Try and hold for 682
Time Frame : 6month- Year
Good Risk to Reward
long fibo support mean reversal near current levels looks good to buy for tgt of 640-732 levels in 1-2 months, keep risk and position sizing in consideration
ICICIPRULI - Swing UpdateICICIPRULI
Buy-Above 570
Sl-533
T-610 645 680+
This stock has given a small up-move from the trendline support. target near 680.
Double bottom near the support trend lineDouble bottom near the support trend line. It corrected a lot and it is ready for the upmove now.
Icici prudential.In ICICI prudential stocks make W pattern.🙆🏻♂️ A good stock to buy for short term. Making trand reversal pattern like Nifty
support and resistance line, correctionlooks good to buy as correction already done now near support levels, will bounce back from 560 to 635 then 730 levels.....
Icici prudential for swing Icici prudential for swing
good reversal from 200EMA
sl can be of 550 for target of 650/680/700++
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.
