Icicibankview
ICICI Bank 1D Timeframe ProjectionICICI Bank 1D Timeframe Projection
The overall trend is bullish but here I share my view for ICICI Bank.
Upon analyzing the market trends, it has been observed that the overall trend for ICICI Bank is currently bullish. However, to provide you with a detailed perspective, I would like to share my view on the 1D timeframe projection of the stock. By analyzing the past performance of ICICI Bank in the 1D timeframe projection, I can provide you with valuable insights on its future performance.
ICICIBANK--Continuation or Reversal??this stock is trading in a channel...
keep in long side until price is in the channel....
if channel breaks and retest then look for short side....
we have resistance in the zone1040-1050..
on bottom side trendline is acting as a support...if trendline breaks and retest then look for short side continuation. we have strong support lies at 960 levels.
Drop base drop chance...so keep an eye on this before long.
ICICIBANK : Bearish in upcoming days ?www.tradingview.com
ICICIBANK : The chart clearly shows non-sustainable after making its aggressive 52W High. Reversed with divergence at price as well as at RSI level on Daily time frame.
Further on chart, it is making Rising Wedge which again depicts the bearish trend. Further down, there is an opened gap between 950-960. A little down is the Point of Control of volume where most of the recent time it has spent. The Point Of Control attracts the price to its side.
If it doesn't revert from Point of Control, it can further go down at 925 level to take some breath because that is the edge of the Rising Wedge pattern. That is where there is a chance of reversal to become bullish again.
ICICIBANK - Bearish ViewICICIBANK - Elliott Wave Count
the market looks like its near the top and soon we can expect the reversal downside to Wave A correction.its recommended to wait for the price to comes back & close inside the channel to confirm the bearish scenario to take short trades. whatever the high made on wave 5 will be the SL for the short position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIBANK NSE:ICICIBANKZ2023 BSE:ICICIBANK
ICICIBANK--Double Top??the stock is near its demand zone...
if price breaks this zone and gives retest will go for short side....
Chance of continuation fall till up to 920 zone...and then have a chance of Right shoulder formation...So keep in bearish view up to 920 and then look for buyside from this zone.
ICICIBANK--Near its trendline??the stock is near its trendline break...
today a strong bullish momentum is observed in this stock....
Rally base rally is observed from 965-962 zone...tomorrow if this zone acts as price is bullish...
this time will breaks the trendline and moves higher...
liquidity also lies above these zones....
Go for long in this stock...
ICICIBANK--Long to Bearish Gap ??The stock is trending downwards....
price is now near to a strong, a strong rise is observed from this area..
If it is a bullish turn price will take the support from this area... then look for buy side....
If this area pushes the price upside...we will on long side until the Bearish Gap be filled.
again will look for sell at Bearish Gap or trendline. Look for buy up to 970 and 980 levels.
Mean while it will also test the trendline again.
Keep safe.......
ICICIBANK--Short Term Bearish look??Observations::
ICICIBANK:: from 960-880 bearish look
------Facing resistance in the zone 960...
buyers are exhausted in this zone....
from last few weeks it is trading in a zone....
the difference between the HH is reduced drastically and observed sellers are in control...
this may continue until price reached to 880 zone.
In the middle we have a demand zones, that will take the price up little bit.
Short term Bearish Look::
this is one more chance to enter for long to reach 1000, 1050 levels.
Keep track this levels, enter for long @880 or 860 zones.
ICICIBANK--Channel Breakout ??Observations:: NSE:ICICIBANK
------>>the stock is trending upwards in daily time frame.
---------->> now the price is trading @all time high
----------->> now we have to look at this stock ,If price breaks this resistance or not, if price breaks and resistance acts as support, we will observe new highs.
now the stock is looking weak in buy side, if it will sustain above 960 range we will observe some bullish momentum again.
if price breaks 960,and failed to sustain above 960 zone, we will go for selling. and previous supply zone acts as demand at 945 level. keep track this instrument.
we have demand zone @940 range, will acts as support.
If price breaks this level we will be on bearish side for the target of 925,915 range.
If more fall observed we have support @890-880 zone,
look here for long side.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
ICICIBANK--Bulls Exhausted in this zone @950-960??The stock price is trending upwards it is said to be bullish again from 900 level,
Observe reaction at this level in lower time frames like in 15 min and enter long. price again wants to test the demand zone @ 910-900 range.
Price is facing Some resistance in the range 950-960 range.
if the price breaks 935 range gives some pullback enter for short.
ICICIBANK-Bullish The stock price is trending upwards it is said to be bullish again from 900 level,
Observe reaction at this level in lower time frames like in 15 min and enter long.
previously leaving an Supply zone, the same zone now acts as demand. price again came back to the same level,
enter here for long for the target of untested supply zone at 950-960 range.
ICICIBANK Buy Idea 11 May 2023 NSE:ICICIBANK is trading in a range. As per my analysis, if any 15 min candle closed and sustained above level of 942.00, it could be best opportunity to buy with stop loss of 925.
My expected upside target will be 973.00
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ICICIBANK long term waiting tobreak 872 Rs leval Hi every one
798 Rs main Leval if trendline breakdown and this price breakdown then negative otherwise ICICI bank is is long term positive trend
Wait for confirmation then if you wish you can enter the trade
if 872 break and sustain it is big move uptrend