ICICI PRUDENTIALHello Traders, those who want to go long with ICICIPRU go ahead above 707 only with SL680 for the achievable target 805! have a good luck & safe trading!!
ICICIPRULI trade ideas
ICICIPRULI Long Term InvestmentICICIPRULI Long Term Investment
Target @ Exit only if Weekly MA(14) breaks or Stop Loss of Rs600 hits
Broken ChannelStock Analysis: ICIC Pru has broken the channel on monthly time frame, it is good buy around marked supply zone with demand zone as a stop loss for long term target given on the chart.
Fresh break out Above 600break out retested successfully keep Sl 592 for long Position, Happy trading.
ICICPRULI shows dark cloud cover candle at top with RSI negativeDark Cloud cover, candle stick, RSI is on negative diversion
590 PE may give soem good return ;)
Icici PrudentialIcici prudential trading abv 30WSMA and given a long consolidation breakout with Volume
[Positional] ICICI Prudent Uptrend Breakdown BetI will skip if the buy triggers.
Past trade -
Note -
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.
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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. Please refer to the link to my footer and explore further if You want.
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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.
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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 derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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ICICIPRULILooks like beginning of new impulse on Hourly time frame
One can go Long now or in dips with stoploss of 540
All the key levels are mentioned in chart with Stop-loss and Targets
Elliotts view
Key Levels are Mentioned on chart
Bollinger
Weekly MACD
Hourly MACD
DMI ADX UNGALI POSITIVE
RSI in daily above 60
RSI in hourly above 60
ICICIPRULI - Will it break support ? Currently standing on strong support level & and also on lower side of parallel channel.
High probability of bouncing back - however depends on market trend.
Add to watchlist and trade carefully.
ICICIPRULI LONG INTRADAY 11 MAY, 2021Dear trader,
If u look at the chart of ICICIPRULI (analysis based intraday only) the ICICIPRULI Buy at 558 and Target at 568
Best Buy at 555.
Our Best Buy is based on high quality research and when the instrument reaches this level, it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
