ICICI BANK 1HRBEARISH Crab@1.902XA.
RED HORIZONTAL LINES are DAILY RESISTANCE & SUPPORT
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Low volume shows no interest to the upside from “Smart Money” so prices will not go higher.
If price Breaks Low of ULTRA HIGH VOLUME with No Demand and BLUE Trend line
POTENTIAL SELL
ICICIBANK trade ideas
ICICIBANK 30MNBullish Crab Type 2 ENTRY So strong potential reversal zone
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Low volume shows no interest to the downside from “Smart Money” so prices will not go lower..Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
On Type 1 Entry i.e REACTION when price first entered crab zone it hit BOTH TARGETS..As price again entered in crab PRZ its REVERSAL
POTENTIAL BUY
ICICI BankHello!! ICICI Bank again a very good stock, I mean bank it is really good for intraday I believe it generally gives a move of 1-5% daily which is really good. now it looks like it will give an up move. so upper resistances can be tested. let's see what will happen tomorrow after all market is supreme. trade after confirmation i.e sustaining of candles above the present resistance. #my_view #learner
375 ----6th Attempt to Flip.. happening tomorrow.Bounced from 50 day on the Monthly chart.
Sitting on the 200 day on the weekly chart .
Golden cross on daily
MACD set to reverse
200 day on the daily is around 433 and should dip a bit more where i think this move will hit a pause and consolidate for a while.
Intra day may have a small pulllback from 360 after which it should explode, tbh it might just blast straight on to 375.
SL as tight as you want or manual if your're doing intra good bag for a swing trade for a week or so ..
hopefully get a slight pullback to 347 but really doubt it .. let's see !
ICICIBANK 30MNBullish CRAB + BULLISH DIVERGENCE So strong potential reversal zone
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Low volume shows no interest to the downside from “Smart Money” so prices will not go lower..
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
POTENTIAL BUY
ICICIBANK 1HRBullish BAT FORMED AT MAJOR SUPPORT + BULLISH DIVERGENCE
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Low volume shows no interest to the downside from “Smart Money” so prices will not go lower..Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
POTENTIAL BUY
ICICI Bank - Consolidation ICICI Bank has consolidated in 340-345 range. Even when bank nifty was falling, this stock held its range and didn't fall further. I think this is a sign of bull run that is going to start once negative sentiment wipes off from the market.
At this price, one can blindly take a position for the long term. If global sentiments are positive, we can see positive movement in this from 4th August. I have taken a position in this and willing to hold it for a month.
ICICI BANK: Range is still intactThe ICICI bank has been trading the range of 340-390 in the entire month of July and I do expect the range will persist between 330 to 390 on the on the August. At the current market condition buy ICICI bank 340CE and sell 325 PE if you have a lot of margin money else buy 340CE and sell 390CE.
ICICIBANK 15MNBullish BAT For SCALPING FORMED AT MAJOR SUPPORT So strong potential reversal zone
ULTRA HIGH VOLUME for going LONG we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
Low volume shows no interest to the downside from “Smart Money” so prices will not go lower..Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
POTENTIAL BUY
ICICIBANK 30MNBullish CRAB@1.902XA
Earlier this same Pattern given good reaction on Type1 entry & hit both TargetS Strong PRZ & at major SUPPORT
Low volume shows no interest to the upside from “Smart Money” so prices will not go higher
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
ICICI MAY BULLISH FOR 3RD AUGUST 2020FRIDAY IT TOUCHED LOWER SUPPORT LEVEL, STOCHASTIC RSI ALSO MOVES UPWARDS AND FORMS A DOJI, SO THERE IS TRIPLE CONFIRMATION BY TECHNICAL INDICATORS. NORMALLY IF DOJI APPEARS, THE TREND REVERSES AND IT ALSO RESPECTS STRONG SUPPORT LEVEL.
DISCLAIMER: THIS IS FOR EDUCATIONAL PURPOSE ONLY, DOUBLE CONFIRM WITH YOUR TECHNICAL ANALYSIS BEFORE INVESTING YOUR HARD EARNED MONEY.