#ICICIPRULI entry-550/530 , tgt 670, SL 500#ICICIPRULI
entry- 50% @ 550 & 50% @530
Tgt 678
SL 500
Risk: Reward - 1:2+
ICICIPRULI trade ideas
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
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[ 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 !!
ICICIPRU: Seems to be bullish for mentioned targetsAnalysed levels mentioned on chart!!
Regards MrAkshatP
ICICI PRUDENTIAL .ICICI PRUDENTIAL . Bear Trend Started so i am Expected more Bearish movement.(Sell =650 (Stop Loss =685) (Multiple Target= (616.579, 539) (Use option strategy and Go to call Writing )
#Icicipru cash : Looks good above 663.10#ICICIPRU Cash -Positional call
09.Nov 2021
Looks good above 663.10
Stoploss 645
Tgt 684/708/740
(Strong resistance zone 660-662)
Cmp 652
Icici Prudential Life Insurance Company LimitedBullish flag breakout and Bullish MACD crossover in Icici Prudential Life Insurance Company Limited
iciciprudential -bullish- butterfly-daily
can reach 635-650-660
negation below 598 - may form another pattern
Educational purpose only.
This is not a recommendation -
Inspired by - Trading Mirror telugu
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
#ICICIPRULI next updated harmonic#ICICIPRULI next updated harmonic
Target -681
PRZ-612
SL -599
CMP:623 @ 4 November 2021
ICICPRULI TRADE SET-UP FOR TOMORROWICICIPRULI share has following the trendline and as you can see in the chart,
.
ICICIPRULI has making W Pattern, so on tomorrow if stock goes above 640.
.
You can buy this trade for the target of 680.
.
What's your view on this comment below in the box.
Candlestick and corresponding Volume signals Go LongAfter a quarterly result in line with analysts' prediction, buying is seen. Morning Doji star candle and more than average volume indicates go long on ICICI Prudential Life
ICICI PRUDENTIAL | LOOKS WEAKIcici Pru has broken the channel and is not able to enter in the channel again, if today's low is broken we may see lower targets marked on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ICICPRULI - Channel BreakdownWhat is channel Pattern & breakdown?
Scenario in which Price will tend to move in a channel between a trend line and a line parallel to the trend line. The later is called a channel line or a return line . When these are identified, they represent a clear exit point for an entry taken in the direction of the current trend. Aggressive traders may also use the channel line as an entry point for a trade against the trend, though trading against the trend is not advisable as those trades tend to carry a higher risk and tend to carry a higher failure rate than trades taken in the direction of the trend. Another significant signal is the failure of the price to reach the channel line. This could precede a break of the trend line and a possible reversal of the trend which results into channel breakdown
Present Case - Similar kind of breakdown is seen in ICICIPRULI after todays session with some good volumes.
