ICICI PRUDENTIAL L STOCK has broke its trend line and is currently trading near its resistance
you can go long in it after it breaks resistance, only after doing your own analysis.
ONLY FOR EDUCATIONAL PURPOSE..!
NSE:ICICIPRULI
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
The stock has formed a bullish candle and is near previous support. Buy if sustains above 500 for the upper marked targets on the chart until 480 is intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE:ICICIPRULI
It can be swing as well as intraday trade
The stock is at major support zone Therefore it can take reversal can go upto 540 in swing trade
in intraday it can reach till 500 after a pullback
This is educational purpose.
Break above the marked levels could take the stock to the target levels
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions...
Sell ICICI PRUDENTIAL below the 539.65 First Target will be 527.55 and Second target is 509.80. as we see on chart stock is working on trend line breakout now it is creating a falling zone so we are looking good forward for sell side in ICICI PRUDENTIAL.
Please Note : We are note SEBI Registered Advisor. we are sharing this chart for Educational Purpose Only....
ICICI PRUDENTIAL Cup and Handle Pattern Breakout, on days candle close above 570 will be bullish momentum.
ENTRY ABOVE >> 570
TARGET 1 >> 649
TARGET 2 >> 693
STOP LOSS >> 483
Buy ICICIPru if sustains above 552 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Buy above 552. Strictly above levels.
Intraday keep trailing SL in 5 min candle to gain maximum out of the trade.
T1 & T2 for short term targets are mentioned on charts
Keep on watch list if it doesn't trigger today
Im not a Sebi registered analyst. Contact your financial advisor before taking any trades.
NSE:ICICIPRULI
ICICI has successfully broken its 10 month old trend line and now it is facing a horizontal resistance
entry will be above 570
I am expecting a 2 leg up trend before any consolidation or retracement.
it has completed the 1st leg up and retraced then started its 2nd leg which is half way so we try to monetize that.
Stock Name - ICICIPRULI. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP.
And More strenght will be visible above 570. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one....
The stock is testing it's 10 months old trendline and looks good above 570 levels for both intraday and positionally.
Intraday buy on confirmation of 5 minute candle close for 0.75-1% intraday target
Positionally buy on day closing basis for 3-5% move
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always...
ICICI PRU giving BO above 200 EMA on Day chart after double rounding bottom.
Can initiate Long positions with SL below 200 EMA.
Short term target will be 580
Positionally can hold for 610 & 650.
**Educational Purposes
