POV @ ICICI PRUICICI PRUDENTIAL gives Long Trend line breakout on 7th June23, and rallied till 13th July then after consolidation creating flag pattern. today, 11th September 23 giving a flag pattern breakout, so I will go bullish if 585 above closed on daily basis. that close give me confirmation of breakout of nearest resistance also. my first target will be recent higher High and after that getting 2nd and 3rd target using fib Extension tool
ICICIPRULI trade ideas
Icici prudental Long term target 700Icici Prudental share weekly time analysis
this stock weekly correction complete break 0-b trendline
Weekly correction a,b or c complete 13 march 2023 and stock start impulse wave upside
icici prudential start uptrend impulse wave 1,2,3,4 or 5
current time complete wave 4 down side , Wave 4 internal count a,b,c,d or e
price move upside 5 th wave . but b-d trendline not break . this point not confirim correction complete . but this stock main direction upside .
ICICIPRULI for short term rallyICICIPRULI has already made an inverse head and shoulder that is broke out on 4hr timeframe. That means that the bullish trend is already in place. Now it has been forming a symmetrical triangle / wedge at 15 min timeframe, which means a consolidation. After the consolidation is over, the bullish trend may continue. We are going to take the trade to the upside with a strict stop loss.
Bullish Flag Pattern Reversal in ICICIPRULIICICI PRUDUNTUAL LIFE INSURANCE LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Bullish Flag Pattern.
📊 It can give movement upto the Reversal target of Above 598+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 785+.
📊 Can Go Short in this stock by placing stop loss below 472- or last swing Low.
ICICIPRULI - Elliott Wave CountThis is an update to the previous post!!!
ICICIPRULI - Elliott Wave Count
It appears that ICICIPRULI is in wave C of 4 and to reach the range of 500 in the coming days. Then we can see a good impulse wave 5 towards 600 and beyond. Please note that we have placed our stop loss at the level of 485. This means that if the price drops below this point, we will exit the long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIPRULI BSE:ICICIPRULI NSE:ICICIPRULI1!
ICICIPRULI - Elliott Wave CountICICIPRULI - Elliott Wave Count
It appears that ICICIPRULI is completing wave 4 and we can anticipate wave 5 to reach the range of 670 to 700 in the coming days. Please note that we have placed our stop loss at the level of 512. This means that if the price drops below this point, we will exit the long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:ICICIPRULI BSE:ICICIPRULI NSE:ICICIPRULI1!
ICICI Prulife - A decent long opportunityICICI Pru Life is among the top life insurance companies in India...I have a policy from them, thats doing decent (ULIP) and i have a sentimental side as well...I used to work there...
That being said, I believe it can definitely go higher, so I am long this stock and my target is 950+....My exposure is only 5% at the moment and I intend to increase it to 10% with every dip.....
ICICIPRULI - WeeklyICICIPRULI seems to be forming a falling wedge pattern on the weekly timeframe.
Can go long with a Stop Loss of below 520 on DAILY closing basis for targets
Target 1 - 600
Target 2 - 650
Target 3 - All Time high level
Best entry would be a level close to 540/535. I would start a position at these levels and more if I can get 535 levels. Stop Loss as mentioned would be below 520
ICICI PRU LTDOne of the best insurance providers is Icici Pru, and it is now offered with a 10% correction at 550.
It will require a positive retracement, in my opinion. I believe that anything over 555 may reach 580 or 615.
I'm not a financial expert. Please consult with your advisor before placing an investment.
This is only meant for educational purposes; it is not recommended.
CICI Pru Life: Cup & Handle BreakoutHey traders! 📣
ICICI Prudential Life Insurance (ICICIPRULI) is forming a classic cup & handle pattern, signaling a potential bullish breakout. 🏆🚀
🔍 Pattern: Cup & Handle
🎯 Target: 830
💪 Resistance Ahead: at 830
Happy trading! 🤑📈 #ICICIPRULI #TradingOpportunity
(Note: This is not financial advice. Always do your own research before trading or investing.)
ICICIPRULI important resistance levels and trade ideasICICIPRULI appears to be rejecting the price level of 569.00 multiple times which acts as an imortant zone.
Go long once candle closes above ~569.20 level.
SL would be near 566.00
This would be a good catch for both intraday and swing trade.
1st target - 586.50
2nd target - 595.00
3rd target - 52-week high price
Please do you own analysis throughly before investing/trading.
Thanks.
Happy Trading:)
ICICIPRULI Stock Analysis 8th Sep 23ICICIPRULI has is about to breakout. Trendline are shown on the CHART.
you can proceed with buying once stock crosses the price 568.
Reason:
Breakout is about to happen
Volume is > Avg(20)
RSI is showing Inresssing trend.
Verdict :
Bullish, Breakout is about to happen.
Plan of Action:
Buy price: 568
Stoploss: 546
Target : 670