ICICIBANK trade ideas
ICICI Bank - BearishICICI Bank CMP - 476.70
Looking bearish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Sell at or Below ONLY 471 / Stop Loss 479
Target 1 - 468
Target 2 - 465
Target 3 – 462 / 460
Disclaimer: This is my view and for educational purpose only.
ICICIBANK - Ascending Triangle (Intraday/Very Short Term)This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price. If prices gives big breakout/breakdown, dont rush in trade.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
ICICI Bank H&S Top and TargetsIcici Bank is forming a H&S pattern on hourly chart. Currently Printing Right Shoulder.
Pattern invalid if stock gives hourly close above 413 levels.
For this pattern to work, Stock must break below 390 and close there on hourly basis.
Target of this H&S Pattern are 365 and 350.