Ascending Triangle Pattern Weekly Uptrend
Break of Weekly Resistance
Buy after retest
Can place 1:3 RR ratio
ICBA trade ideas
ICICI bank looking promisingIf we check Line chart for ICICI bank we find it at breakout level on daily chart, earlier resistance trendline which connects 31Jul23/15Sep23, has become now support where it took support 2/9/18 Jan24. Now facing resistance from trendline connecting top of 15Dec23/23Jan24/31jan24/6feb24/14Feb24. RSI above 60 on Weekly/Monthly chart and abt to break on daily.
the uptrend resumesthe current set up cant be a better example of support.
Fib support, Trend line support, RSI & Composite- support above averages. MA support. R1 1056 R2 1080.
ICICIBANK LONGNSE:ICICIBANK
~ Stock trading above 30 Week EMA
~ Demand seen at 970-990 levels
~ Consolidating with high demand
~ Flag & Pole Pattern BO and retested
~ Fundamentals -
* EPS QOQ increasing
* EPS YOY increasing by 25.08%
* Sales YOY Increasing by 29%
* Annual EPS Growth 67% TTM
* DII increasing stakes
* ROE - 15.2%, ROCE - 5.85%
~ Overall bullish on Banking Sector as
Bank Nifty is taking support at 30
Week EMA
T1 - 1210
This is for educational purpose. Do your own study before investing.
ICICI Bank for buying side recommendation if it hold the supportICICI Bank for buying side recommendation if it hold the support on 1hr and Target around 1% from the current price and if this stock give the gap up then avoid the gap up around 1% to 1.5%
more selling on the wayThe sharp fall on the 22min chart is the iii of 3 wave. It is the sharpest of all. We know the fall is not yet done. Any rally to 1000 early on will be an opportunity to sell. The Fib confluence at 970 is my revised T2 .The T3 at 950 is fine as the next confluence is there.
ICICI Bank For 7 Feb Analysis1032- 1035 is a resistance. if price break this resistance the a move will come for intraday.
Support area : 1015
price already follow a trend line for intraday timeframe .if this trend line break then a short fall will come .
ICICI bearish formationICICI bank forming 2 bearish patterns hanging man head and shoulder pattern. Bearishness to continue in the stock.
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.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
ICICI Bank - Bullish Dear Team ,
As per my Observation ICICI Bank is at Buying Level .. Please Trade as your observation.
Thanks
I am not SEBI Registered.
ICICI Bank is at Buying Zone ICICI Bank will at Demand Zone ..
Demand Zone - 996
1st Target - 1007
2nd Target - 1035
SL as per your Observation and Capital
ICICIBANKIcici bank in monthly support. price getting stable movement here. if bounce from this level. price move up side.
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.
Hit the like button to Rock !! Show some energy !!
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
ICICIBANK 1120 Targets in Next 25 days PossibilityICICIBANK 1120 Targets in Next 25 days Possibility
based on Daily Charts breakout ... ICICIBANK is good Buy.
Happy Investing.
ICICIBANK 12% upside possible in next 30 Trading sessionsICICIBANK 12% upside possible in next 30 Trading sessions.
Based on Daily Charts 1130 Target possible in Feb Series.
Happy Investing.
ICICI Breakout could lead to BN RallyICIC 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.
ICICI BankAll 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
ICICI BANK, Looks good to go longICICIBANK looking good, bouncing back from the trend-line can place SL below trend line while going long, Triangle like pattern breakout.
This might be good breakout.this may be good chance to buy in this zone, a bull run might be seen after this kind of breakout.
1020 CE Jan expiryAs 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.
