ICBA trade ideas
All Bank in a single Screen: Time Frame 15 minFor your reference to understand all chart in a single layout in trading view.
Time Frame: 15 min
HDFC: Trendline breakout at support zone and try to retrace for up move.
ICICI: Trendline breakout and try to retrace for up move but at support zone.(Neutral)
AXIS: Price at support zone (Neutral)
KOTAK: Price follow downtrend .1831 is a support resistance now.(Down trend)
INDUSIN: Price consolidating . Overall side base .(Neutral)
SBI: Price is in range between 637-652. Overall side base .(Neutral)
NOTE: When all bank perform then who is the exception can also perform with overall trend.
ICICIBANK | IMPORTANT LEVELSAnalyzing ICICIBank on a follower's request. ICICIBank is current trading in the resistance zone 1060 - 1030 and have multiple supports from 1000 to 970. In case it closes below 970, we can expect a fall towards 920 - 900 zone.
On the other side, above 1060 we can expect fresh buying and upper levels will be seen.
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Happy Trading!
InvestPro India
ICICI Bank 1000 Target hit sell recommended near 1055On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
ICICI bankTrend deciding zone is 986 - 991. As there is a trend line resistance around this zone, the strength price gaining here will play an important role in trend direction.
Buy above 992 with the stop loss of 986 for the targets 998, 1004 and 1012.
Sell below 982 with the stop loss of 988 for the targets 976, 970 and 962.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
ICICI Bank down side Target 950 On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit