ICICIBANK (NSE) poised for upmove Spot ICICI BANK (NSE) is at the bottom of the channel, testing 50DMA. The parallel channel, as illustrated, has been in play, for quite some time, with highs and lows fitting at multiple points. Longby topavankarwa2
ICICI BANK Swing TradeHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. . Longby OptionCallPro1
ICICIBANK KEY LEVELS FOR 16/12/2024**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk0
ICICIBANK KEY LEVELS FOR 12/12/2024//@description // All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com // Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work. **Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk0
ICICIBANK !! Broke Trianlge Pattern on Monthly ChartICICIBANK !! Broke Trianlge Pattern on Monthly Chart Along with that recently it made Bullish Engluf candle with good volume support. can be considered for swing trading with SL of 1200.Longby VolumeHunter772
ICICI BANK long chart pattern Daily time frame symetrical Triangle chart pattern breakout. Looking bullish Longby Tech_MakUpdated 2
ICICIBANK 1D TFNSE:ICICIBANK has formed and is moving inside a triangular pattern. This can be traded on breakout Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of tradesby Joassh1
ICICI BANK S/R for 25/11/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.by zenthosh0
ICICI Bank Structure is Negative.We May see Clearly that ICICI Bank has broken its Parallel Channel and trading below. We may See a Retest in ICICI Bank from 1250-1270 Levels and the we may see a Breakdown till 1170/1165 Levels. SELL ICICI BANK @ 1250-1275 STOPLOSS @ 1300 TARGET @ 1170/1165 NOTE : This Levels is for Educational Purpose please take trade referring to your Financial Advisor. HAVE A GOOD TRADING DAY.Shortby Trading_Bulls00002
[Positional] ICICI Low Risk High Reward TradeNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh0
Shorted ICICI Bank on Swing BasisICICI bank is forming Lower Highs from the peak and I believe that it has exhausted strength from the Highs. Today's Daily candle suggests strong selling from the top and hence I have taken a Swing basis PE position. My Target is 1230 price level which I estimate should be hit within the next two weeks.Shortby Sky_Tracer0
We may see upward momentum now!We may see upward momentum now! ICICI Bank's stock price is currently consolidating between the upward trendline and the trendline connecting higher lows. This indicates that buyers are maintaining pressure, and the price may break out upwards if the trendline continues to hold strong. According to my analysis i suggest that :- Entry point :- 1245.85 Take profit :- 1327.20 Stop loss :- 1167.40 Longby PraveenTrader1Updated 7
ICICI Bank Ltd for Intraday 30th October #ICICIBANK ICICI Bank Ltd for Intraday 30th October #ICICIBANK Resistance 1335. Watching above 1336 for upside movement... Support area 1320. Below 1316 ignoring upside momentum for intraday Support 1320.Watching below 1316 for downside movement... Resistance area 1335 Above 1335 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point Longby vichithra3
Trading ICICI Bank Ltd. Using Fibonacci Channels ** Introduction :** As a Fibonacci channel trader, identifying strong resistance and support levels is crucial for making informed trading decisions. The chart for ICICI Bank Ltd. on the NSE provides a clear illustration of these levels, helping traders predict potential price movements and plan their trades accordingly. ** Strong Resistance and Support Levels: ** The Fibonacci channels on the chart highlight several key levels: - ** Support Levels :** - 0.236 (966.75 INR) - 0.382 (998.35 INR) - 0.5 (1,023.90 INR) - 0.618 (1,049.45 INR) - 0.786 (1,085.85 INR) - 1 (1,132.20 INR) - ** Resistance Levels :** - 1.618 (1,266.05 INR) Currently, the price is at 1,299.40 INR, which is above the 1.618 Fibonacci level, indicating a strong bullish trend. The next resistance level to watch is around 1,360.00 INR, as indicated by the upper blue channel line. ** Prediction as a Fibonacci Channel Expert :** Given the current bullish momentum, the price is likely to test the next resistance level around 1,360.00 INR. However, if the price retraces, it may find support at the 1.618 level (1,266.05 INR) or lower Fibonacci levels. ** Trade Type and Position Sizing: ** This trade can be classified as a trend-following trade, capitalizing on the ongoing bullish momentum. To calculate position sizing, use the formula: Where: - **Account Risk** is the percentage of the account you are willing to risk (e.g., 2%). - **Trade Risk** is the difference between the entry price and the stop-loss price. For example, if you enter at 1,299.40 INR with a stop-loss at 1,266.05 INR, the trade risk is 33.35 INR. ** Potential Entry :** A potential entry point could be at the current price of 1,299.40 INR, with a stop-loss at the 1.618 level (1,266.05 INR) to manage risk. ** Personality Fit for This Trading :** This trading strategy suits individuals who are patient, disciplined, and have a good understanding of technical analysis. It requires the ability to follow trends and make decisions based on chart patterns and Fibonacci levels. ** Conclusion :** By identifying strong resistance and support levels using Fibonacci channels, traders can make informed decisions and manage their trades effectively. The current bullish trend in ICICI Bank Ltd. presents an opportunity for trend-following traders to capitalize on potential price movements. Proper position sizing and risk management are essential to derive profitable outcomes while minimizing losses. by stocktechbot0
ICICIBANK near Channel Low at Buy ZoneICICIBANK is trading inside channel pattern and at channel low cum buy zone. Suitable for Long entry with Target 1 at Resistance and Target 2 at channel high.Longby crorepathi3695
ICICI bank on angle 6 going up with selling in the short termWe have RED UMVD and RED TrapZone. With Red bar starting to form again. lets see if we gain selling momentum or not. Will post the daily after this.Shortby SnowflakeTrader1
ICICI BANK Looking Bullish & Formed Morning Star Candle Pattern NSE:ICICIBANK //---------------------------------------------------------------------------------- ICICI BANK Analysis //---------------------------------------------------------------------------------- Looking Bullish & Formed Morning Star Candle Pattern on Daily Chart if Manages to Hold Today's High Then it Can Trade till 1265.75 Stock Will be Bullish Above 1258.30 //---------------------------------------------------------------------------------- Resistance above:- //---------------------------------------------------------------------------------- R1-1265.75 R2-1280.25 R3-1296.80 R4-1303.85 //---------------------------------------------------------------------------------- Support Below:- //---------------------------------------------------------------------------------- S1-1237.90 S2-1231.75 S3-1217.40 //---------------------------------------------------------------------------------- Stock is Bullish & Now Any Dip can Be Utilied as Buy ICICI Bank Closed at 1255.50 & Closed above all short-term and long-term EMA's //---------------------------------------------------------------------------------- Value of- //---------------------------------------------------------------------------------- Ema_5 - 1241.40 Ema_50 - 1241.34 Ema_200 - 1207.46 RSI - 50.44 STOCHASTIC - 15.38 //---------------------------------------------------------------------------------- Longby dixitsoham73
ICICI Bank LONGICICI Bank- Set ups MTF Analysis ICICI BankYearly Demand Beakout 1043 ICICI Bank 6 Month Demand Breakout 1043 ICICI BankQtrly Demand Breakout 1113 ICICI BankMonthly Demand 1070 ICICI BankWeekly Demand BUFL 1170 ICICI BankWeekly Demand BUFL 1257 ICICI BankWeekly Demand DMIP 1180 Time ICICI Trade above 1257 Strong Confirmation Long Weekly Demand Momentum Impulsive Patterns WDIMP Daily Demand Momentum Impulsive Patterns DMIPS ENTRY -1 1180 SL 1150 RISK 30 Taget as per Entry 1598 Points to Gain 209 Latest Last Swing High 1362 Latest Last Swing Low 1153 Longby pradyammm2
ICICI UPTREND PATTERN Chart shows reversal in RSI and shows good strength in price. Good upmove may be possible from here. CMP :1244 Target : 1350 + StopLoss : 1205 RRR = 1:3 Longby CHART-Charitra5
ICICIBANK KEY LEVELS FOR 07/10/2024//@description // All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com // Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work. **Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk0
icicibank for swing/poisitional buy near 1210 avg at 1185-80 sl at 1160 sl 4% strictly follow sl use capital 25k to 50 k overall risk 1k to 2k only tgt 4% 8%12%16%20% hold 3-6 week by optionkey4
ICICI BANK S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh3
ICICI Bank ltd view for Intraday 1st October #ICICIBANK ICICI Bank ltd view for Intraday 1st October #ICICIBANK Buying may witness above 1283 Support area 1270. Below ignoring buying momentum for intraday Selling may witness below 1259 Resistance area 1270 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1