ICICI BANKStock is in bullish trend since Feb-2024 from 980 levels and reached 1170 levels by end of April. I suggest to enter around 1110 - 1115 levels and wait for the target of 1170 in the near short term.
The stock can reach 1247, 1370 levels in the near term. Stop loss 1090 & 1075 levels..
Risky trade can be taken at the current market price since the stock is in uptrend
ICICIBANK trade ideas
ICICI Bank Intraday level for 10th July #ICICIBANK ICICI Bank Intraday level for 10th July #ICICIBANK
Buying opportunity above 1251
Support area 1230-1235. Below ignoring buying opportunity
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ICICI Bank Intraday level for 9th July #ICICIBANK ICICI Bank Intraday level for 9th July #ICICIBANK
Buying opportunity above 1240
Support area 1225-1228. Below ignoring buying opportunity
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ICICI BANK S/R for 5/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
ICICI Bank's Global Ranking Ascends: A Bullish Trading SignalICICI Bank has climbed to become the 18th most valuable lender globally, signaling a bullish outlook for traders. The technical analysis of its stock reveals a recent breakout supported by an ascending trendline, indicative of strong buying momentum and potential for further gains. This key milestone underscores ICICI Bank's robust market presence and offers a promising trading opportunity in the financial sector.
ICICI Bank u turn ICICI Bank might take a U TURN and give a good swing to positional trade opportunity with a decent stoploss and good Targets
ENTRY - 1115
STOPLOSS - 1105
TARGETS - 1130, 1145, 1160++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf.
- good for intraday trade
- entry inside zone
- sl is day close above zone
- for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers).
- don't trade , if u didn't get selling confirmation inside zone
- if day close is above this zone , this pattern becomes invalid.
ICICIBANK POTENTIAL REVERSAL AHEAD WITH THIS PATTERNICICIBANK has experienced a bullish breakout followed by a pullback within the confines of a bull flag pattern. The recent reversal, respecting the upper boundary, suggests a potential retracement within the current bullish trend. Should the breakout occur as anticipated on the chart, a price decline towards the highlighted key level is conceivable.
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.
ICICI BANK S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.