ICICI Bank Limited forum
ICICIBANK #ICICIBANK
Breakout on the stock. After 4 days of consolidation, stock has given a breakout from it.
Target 1362
Stop loss 1330
I am just representing my views For educational purposes only.
ICICIBANK ICICI next target 1380 1430ICICIBANK Here are the current support and resistance levels for ICICI Bank (as of December 2024):
Daily Levels (Intraday)
Support Levels:
S1: ₹1,320.95
S2: ₹1,312.65
S3: ₹1,303.75
Resistance Levels:
R1: ₹1,338.15
R2: ₹1,347.05
R3: ₹1,355.35
Weekly Levels
Support Levels:
S1: ₹1,301.03
S2: ₹1,273.07
S3: ₹1,250.03
Resistance Levels:
ICICIBANK Delivery Buy ICICIBANK Above 1296 Stop Loss 1330-1370
ICICIBANK Good support around 1260-1270 looks positive 1300-1350-1400 soonICICIBANK Delivery Buy ICICIBANK above 1270 Stop Loss 1215 Target 1330-1445
ICICIBANK Icici bank has come at important support zoneThere is higher probability it should take support
here in this zone, Good risk and reward swing and
positional Trade.
ICICIBANK ICICI Bank (ICICIBANK), you can follow this structured approach:
Support Levels
Recent Lows: Identify significant low points in the past weeks or months. For example, if ICICIBANK recently dropped to around ₹800, that could serve as a support level.
Moving Averages: Look at the 50-day or 200-day moving averages. These often act as dynamic support levels.
Previous Support Areas: Historical levels where the price has bounced can also indicate potential support.
Resistance Levels
Recent Highs: Determine the highest points in recent trading sessions. For instance, if the stock peaked at around ₹900, that could be a resistance level.
Trend Lines: Draw trend lines connecting recent highs to visualize potential resistance.
Psychological Levels: Round numbers like ₹850 or ₹900 can often act as resistance.
Example Analysis (Hypothetical)
Support Level: ₹800 (recent low)
Resistance Level: ₹900 (re
ICICIBANK ICICI Bank Itd view for Intraday 1st October #ICICIBANKBuying may witness above 1283
Support area 1270. Below ignoring buying momentum for intraday
Selling may witness below 1259
Resistance area 1270
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk
ICICIBANK ICICIBANK on a 1-hour timeframeTrend Analysis
Determine Trend Direction: Assess if the stock is in an uptrend, downtrend, or sideways trend by examining the general price direction over the past hour or several hours.
Draw Trendlines: Connect recent highs or lows to visually represent the trend direction. An upward trendline connects consecutive higher lows, while a downward trendline connects consecutive lower highs
Support Levels:
₹1,215
₹1,200
₹1,185
Resistance Levels:
₹1,230
₹1,245
₹1,260
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