long trade on IcicipruliICICIPRULI: Inverted Head and Shoulders Breakout - Retest Strategy
ICICI Prudential Life Insurance Company (ICICIPRULI) has completed an inverted head and shoulders pattern, signaling a potential bullish reversal.
Key Points:
Pattern: Inverted head and shoulders completed on the long-term chart.
Ne
ICICI PRUDENTIAL BREAKOUT ON DAILY CHARTICICI Prudential has broken out of a cup and handle pattern on both the daily and weekly charts. It’s a good sign that the breakout occurred on both charts, making the pattern more valid. I’m keeping a close eye on ICICI Prudential, and if it crosses the 641 mark, I’m expecting it to climb to 681, w
ICICI Prudential FuturesICICI Prudential Futures
Buy idea
LTP: 479.45
Support: 460.75
Resistance: 538.55 (539can be considered as a breakout level too)
Daily charts (long term)
The charts a bearish, head and shoulder pattern from 2nd Dec to 12th March. The pattern was followed by a breakdown to 433 levels after which th
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ICICI PRUDENTIAL FUTURES is 629.80 INR — it has fallen −1.84% in the past 24 hours. Watch ICICI PRUDENTIAL FUTURES price in more detail on the chart.
The volume of ICICI PRUDENTIAL FUTURES is 327.75 K. Track more important stats on the ICICI PRUDENTIAL FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For ICICI PRUDENTIAL FUTURES this number is 15.05 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for ICICI PRUDENTIAL FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for ICICI PRUDENTIAL FUTURES. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of ICICI PRUDENTIAL FUTURES technicals for a more comprehensive analysis.