This is follow-up on ICICIPRULI. Can check link to related ideas. Chart is self explanatory. Entry, Targets are mentioned on the chart. Stop loss : 557 Disclaimer: This is for demonstration and educational purpose only.
NSE:ICICIPRULI 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
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 all. ======= I use shorthands for my trades. "Positional" - means You...
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Previous resistance can act as support now. Bullish Reversal candle at Support.
Buy Iciciprulife above 526 with SL of 497 For Target 592
Entry at 15 min candle closing above the resistance
ICICIPru is taking support and may show a bounce if sustains above 522 for upper marked targets on the chart. As it's a counter trade, let stock sustain above 522. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
#ICICIPRU at harmonic reversal Target-650+ PRZ-542-535 SL-504 CMP:564.35 @ 25 December 2021
icicipru onset of new impulsive wave ebtry after 565 for target of 900 risky players enter now
ICICIPrulife looks weak below 532 for the lower marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
If the breakdown sustains then big fall is on the cards. For any short trade a SL above 540 is good. Targets open
Can turn out to be a reversal candidate, currently at major support and BO retest area. Note: Not a buy recommendation
ICICIpru is near to very crucial price level. Neckline of H&S pattern is placed at 539 while 533 is strong support . Any close below this level may drag it further with strong momentum. Rest is detailed at chart. let us wait disclaimer : this is for education purpose only
There is a possibility of ICICIPRULI gapping up and falling on results. Positionally it is creating an Inverse Head & Shoulder Pattern on the daily chart, expect a break out around the budget. Could create candles like 19-20 Oct in short term . See other studies done in the past, this could be 4/4. Leave a like if you find it interesting.
risk: 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...
Looks good above 621 for targets of 677 and 725 ! Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.
Breakout and retest Done in ICICI pruli traders can go for swing trading or can buy 620CE for Good profit