Reasons to go long: 1. One of the best stock in the banking sector 2. In market recovery after COVID, most likely to lead Banknifty along with HDFC 3. MACD Crossover 4. Broke pattern of lower lows since last 3 weeks 5. Even in the cross border tensions & Corona second wave fear, this is keeping higher highs in 2nd week of June.
icici bank posible trade=position 349.... target -374-380...stop loss- 338... manage your risk reward ratio..
ICICIPRUDENTIAL - towards 480 - 500 Stop at 370
ICICIBANK - GO SHORT @ CMP WITH A SL OF 347 AND A TARGET OF 282. TARGET SHOULD BE ACHIEVED BY 17 JUNE 2020.
Cypher in ICICI bank confirming the pattern formed in banknifty
Chart explains it all. - MACD about to pop! - Stay safe. Next week is the deciding factor for the economy. -Kautilya.K
its for educational purpose only Be Cautious in ICICI BANK at this levels. it may correct and test 500 levels for short terms
$ISEC #ISEC Chart suggesting multiple bullish views. A nice elliot 5 wave pattern seen, bounce from 0.61 FIB, the red line showing bullish divergence, positive Q2 results, the black trend line showing uptrend intact and a bullish golden cross of 50x200 dma. my T1 335ish, T2 350ish and T3 390ish. A perfect positional long setup IMO.
TRADE AS PER MONK STRATEGY TO GET MAXIMUM GAINS. ALL THE BEST!
ICICIBANK Test 0.618 Fib level Keep watch EXPECT 356 (Do not enter to break the structure)
ICICI BANK Now Bearish Use SL and take profit and exit You Can Swing Trade in ICICI BANK With remembering these SUPPORT and RESISTANCE Levels. if cames any good news for banking sector then you can some good movement otherwise Trend is turning into Bearish Mode. Banking sector is not Right Time For investment wait some Years. Stay Tuned.....!! Learn Here , Earn...
MARKET ANALYSIS: The pair is now trading near the head and shoulder pattern, neck line support. If the market is able to break the neckline we can expect a huge downward fall towards the next support level at 225 level. So lets wait and see what the market does in the coming weeks. Cheers!
Publishing ICICIBANK gann square analysis for near future, we are near 45 degree line which is very important line, trend can change at or above this line. have marked history for reference. price seem to respond perfectly to gann arch and lines. Traders can use this published idea to do further analysis of price action. Traders who don't trade ICICIBANK...
FII Sentiment changing, correlation between DOW and Indian markets coming towards positive after hovering over -80%+. Support line is a 2 year strong support line, domestic news catalyst is in. Stop at 17.55 TP at 19k. Anything can happen trade on your own discretion.