ICIC is on the verge of a strong breakout. If yesterdays High is taken out, you can expect a strong momentum which will cause Bank Nifty to also reach 48,600 levels. Then only HDFC Bank needs to join the party.
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL Day candle close only, Target Trigger Price
As uptrend just started in ICICI BANK, all parameters positive in the stock, reversal trade set up, shortly the stock can touch 1040 levels, so one can look for 1020 ce jan expiry available at 12 ruppes.
Icici Bank is strong stock and it has made higher high and higher low pattern and it has broken its resistance. Buy above 890, sl 841 fiest target 936 and new high.
ICICI is consolidate between 990-1008
Overall view of this chart:
create high near about18 December after that create a downtrend and at support area 990 it's consolidating .
If break 990 and price wait under 990 for 1-2 days then we can see a downtrend move for this stock.
If price goes up above 1008 don't create position wait for retracement . after retrace...
Unveiling the Head and Shoulders Pattern on 30-Minute Charts
Introduction:
In the dynamic world of stock trading, technical analysis serves as a powerful tool for investors to identify potential trends and turning points in the market. Recently, ICICI Bank has caught the attention of traders and analysts as it has formed a significant technical pattern on its...
