ICICIPRULI,
Here is 200SMA in Green colour and 50 SMA in Red, Resistance Trendline in Black
Two Fibonacci Levels Also at current levels Marked in circle.
And All Fibonacci levels are mentioned in chart as black horizontal lines they always act as support and Resistance.
One can Buy at CMP or in Dips with SL of 485
Note. It would be Full Bull Only Above 503.60
Targets can be 511, 523 and 537
Disclaimer
I am not SEBI REGISTERED Analyst
My Studies are Educational purpose only
Please consult with your financial advisor before trading or investing
ICICIPRULI trade ideas
ICICIPRULI - WatchICICIPRULI is trading in parallel channel on daily chart & clearly see following trend.
Incase if continue trend line - next target will be 460 and next will be 400 levels.
However after budget and reversal from bottom line of parallel channel - possible uptrend will continue.
Add to watch list and Trade cautiously .
ICICI Prudential - ShortICICI Prudential CMP - 499.05
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 495 ONLY / Stop Loss 508
Target 1 - 491
Target 2 - 488
Target 3 - 484
Disclaimer: This is my view and for educational purpose only.
ICICI Prudential - Intraday Trade SetupICICI Prudential CMP - 455.05
Looking very bullish . One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 457 / Stop Loss 451
Target 1 - 462
Target 2 - 467
Target 3 - 472
Disclaimer: This is my view and for educational purpose only.