Breakout trade?ICICI Bank now hits the lifetime high. I will not advise you to enter at this point. wait for the retracement for the perfect move!
ICBA trade ideas
NIFTY & BANK NIFTY RSI AT 80
RSI(RELATIVE STRENGTH INDEX)-The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff.
Simply above 80 overbought (bearish sign)
below 30(bullish sign)
ICICI on UphillICICI has formed a symmetrical triangle probably can give a breakout in a week or so. Still the market is weak keep look at the support and if it breaks down can be good for long.
**Only for Knowledge**
Target 2 achieved in Icicibank | 14% moverThis idea is a follow-up to Icicibank
You can check the Link to Related Ideas ( Detailed analysis done in the 10th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Triangle on ICICIBANK Triangle breakout and retracement completed on ICICIBANK. Good Buy on closing above 820 with SL 807.
ICICI BANKICICI BANK crossed there breakout and it make new trend for future...
Entry 874
Target 1000
ICICI BANKI mentioned in previous chart....😊😊 There were few target over here to got...some are achieved and some are pending.
ICICI BANK_BREAKOUT DOWNTREND CHANNEL?ICICI BANK seems good bullish momentum in weekly. And also breakout the channel in daily chart. If price sustain above 755, rally may continue upwards to the mentioned Targets. keep concentrate, if move downward 729 act as a retracement lvl.
Target 1 achieved in Icicibank | 11% mover This idea is a follow-up to Icicibank
You can check the Link to Related Ideas ( Detailed analysis done in 10th July Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
ICICIBANKThis is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
ICICI BankICICI Bank is near to all-time high with solid volume and marubozu candle, it seems it can touch the 860 level again.
ICICI Bank Bullishicici bank seems strong weekly closing above price engagement area concentrate if price sustain above 838 in 4hrs
ICICI Bank 06-08-2022ICICI Banks' fundamentals are solid and efficient as of this quarter. Even the technicals support its growth. If on Monday ()8-08-2022) ICICI Bank stays strong, it will be touching its ATH indeed!
Fundamentals of the bank have been so good and bright for so long now it YoY growth is superb add to that it has a great scope in improving its CASA ratio. NII Growth is strong. NIM is well maintained on average for the last 3 years.
The last results obviously gave a massive break-out to ICICI in the banking sector at least for sure. A deterrent new for the investors in the Banking sector came up yesterday at 11 AM, well the effects of it weren't seen yesterday itself not even a bit. I think that there might be a downfall on Monday but if there isn't any ICICI is gonna surely hit its ATH!
Time Has Come... Happy Money Making!
NSE:ICICIBANK
ICICI BANK looks good to bank on...ICICI Bank looks bullish and is trading above the 200 day moving average.
Can see a upward move to 840-870 in the short to medium term.
The neckline of a double bottom pattern at 756 can act as a support, however, if that breaks 733 is the next support zone.
If 733 fails to sustain on the downside then a move below 700 is possible.
Always plan your trade with a strict stop loss.
Not a buy/sell recommendation.
ICICI BANK BREAKOUTICICI bank giving breakout on downtrend line resistance and giving positive divergences on macd indicator although traders be careful as tomorrow it will announced its quarterly results
Cause of Long
1- Downtrend line resistance breakout and closed above
2- Macd giving positive signals for coming momentums too
ICICI BANK CAN CONTINUE THE MOVE AND ACHIEVE FEW NEW TARGET…..¿I had bought this stock at the price of 780. As per my pri-research for this stock price was 777 but i wait for confirmation and I bought 1000 qty lets see what happen.
ICICI BANK TRADE IN SELL SIDE WITH 1/2 quantityas I have posted earlier ...icici bank is about to reach its supply zone which was about 820-835 zone....as it has reached the level..it started to fall from there....there is a possibility that, I can go up..breaking this supply zone, buy if it doesn't, we have a good risk to reward ratio... that is 1:6...since ...we have more chances of failure...that is why we will trade with half risk...
ICICI Bank : Bearish Gartley FormationPRZ: 805 - 823
Wait for bearish candlestick pattern to form. (SL - 836, Tgt - 780)
Preferred Strategy: Bear Put Spread
