ICICI bank - Long above 770 SL 739I marked all details in the chart.
Rationale
1. One of the highest weight in Bank nifty. I expect bank nifty to perform better than Nifty
2. W Pattern is in making. White line marked is a strong resistance breaking up of that would lead to quick move.
3. SL is based on Fibo
Points to Note.
1. Keep tight SL of 735 DCB.
2. High risk and reward trade.
ICBA trade ideas
ICICI bank ready for Bullish in 1 hr TFHello,🤗🤗 Friend's This stock is mainly prefer for 20-06-2022 intraday player's. As you can😎 see that the stock open gapdown but with the powerful moment holds it up & gave his closing above trendline.In this stock we are totally bullish🧐 view. We will buy it when price cross 695 & sustain above with the accurate target🎯 of 700,710.This is most affectionate stock in nifty 🏦. So clear in mind 😏don't forget to add it on your watchlist🤗🤗.
ICICI ANALYSIS | ICICI OUTLOOK | ICICI VIEW1 hr time frame
Double Top
Triple Bottom
M pattern
Price taking hault @ neckline
No Trading zone
744 - 740
Conditions applied:
If 740 taken out then we can sort till 722 achieved.
If price reverse then wait until previous candle high was not taken out.
Note: Trailing SL / Volume & OI to be watched closely before taking any positions.