IBN trade ideas
ICICI Bank - Intraday Trade SetupICICI Bank CMP - 609.45
Looking bullish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Buy* Range 608 - 612 ONLY / Stop Loss 601
Target 1 - 615
Target 2 - 618
Target 3 - 621
Disclaimer: This is my view and for educational purpose only.
Long MACD and trend line breakouttrend line breakout, target 690 stop loss 596 It's for learning purpose (don't follow me, I am noob)
Short ICICI. Target 560.ICICI will show weakness after breaking the trend downward. RSI is below 60. The stock might hit 560 which will act as a support and buy zone.
ICICIBank - Elliott wave analysis - corrective down It is in ABC zigzag correction down after completing ABC zigzag up sequence. C wave may be going to extend as further impulse. So corrective bounce of 2nd of C wave will be short sell set up.
Plz give a like if you agree with EW count.
ICICI BANK WEEKLY BEARISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Icic bank 325Bank nifty continue down a week now time to bounce back I think take position icici bank near 625 with target of 640 652 with stop loss
612
At support level MACD positiveOn 30 min chart current prise at support level. MACD make positive cross over and RSI is near over sold zone
