as you can clearly see the ascending chart breakout pattern . for this , i reoly on 4 point theory ie At least 2 points are required to form a trend line and 2 trend lines are required to form a symmetrical triangle. Therefore, a minimum of 4 points are required to begin considering a formation as a symmetrical triangle. The second high (2) should be lower than...
the stock is near its trendline break... today a strong bullish momentum is observed in this stock.... Rally base rally is observed from 965-962 zone...tomorrow if this zone acts as price is bullish... this time will breaks the trendline and moves higher... liquidity also lies above these zones.... Go for long in this stock...
The stock is trending downwards.... price is now near to a strong, a strong rise is observed from this area.. If it is a bullish turn price will take the support from this area... then look for buy side.... If this area pushes the price upside...we will on long side until the Bearish Gap be filled. again will look for sell at Bearish Gap or trendline. Look for...
NSE:ICICIBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for...
I spot a clear 5 wave structure since March, 2022 lows. Clearly indicating that there is more upside in the coming months. A very simple and clear structure in my opinion.
this tikker seems to me overvalued and retracing from its ATH, as we can see there are many reasons to believe this stock is falling and will correct some of its rally and make the infrastructure for its upcoming rally. we can see there is a Mild Bearish Divergence on MACD and Regular Bearish Divergence on MACD Histogram, which are the sign of trend reversal and...
ICICIBANK broken the monthly resistance @960 zone. In weekly time frame also its bullish... in daily time frame showing bearish pressure.... in lower time frames it is coming slowly to test the previous resistance might acts as support.
the stock is trending downwards... now the price is near to its demand zone ...where previously strong buy ness is observed.. wait for confirmation before long...if it gives support then will trade tomorrow.. just watch if it gives support or not.
16.6.23 - EOD 9.30 PM Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. ICICI Bank Observations on daily TF 1. Flag and pole formation 2. Flag breakout can happen in near future. 3. Inside bar candle formation on last 2 candles 4. If breakout happens on upside then...
Traders and investors looking for a lucrative opportunity in the stock market should closely monitor ICICIBANK for potential short positions. The stock recently closed below its 20-day Simple Moving Average (SMA), indicating a shift in sentiment towards bearishness. If ICICIBANK slips below the crucial support level of 924 tomorrow, it presents a favorable entry...
ICICI Bank now in range bound, based on break out will decide the trend at daily candle basis, once its breaks 930 then will expect 890-850 range otherwise will wait for 960 above for new resistance.
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
In our opinion after the price hits the entry level , it will rise again. Entry for long, target, and stop loss are shown on the chart.
Observations:: ICICIBANK:: from 960-880 bearish look ------Facing resistance in the zone 960... buyers are exhausted in this zone.... from last few weeks it is trading in a zone.... the difference between the HH is reduced drastically and observed sellers are in control... this may continue until price reached to 880 zone. In the middle we have a demand zones,...
ICICI is trading into the support (already hit 4 time on support if its is broked the downside the will go to 2% down ...so trade safely into ICICI Chart (avoid the Option Trade)
Observations:: NSE:ICICIBANK ------>>the stock is trending upwards in daily time frame. ---------->> now the price is trading @all time high ----------->> now we have to look at this stock ,If price breaks this resistance or not, if price breaks and resistance acts as support, we will observe new highs. now the stock is looking weak in buy side, if it will...
NSE:ICICIBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
The stock price is trending upwards it is said to be bullish again from 900 level, Observe reaction at this level in lower time frames like in 15 min and enter long. price again wants to test the demand zone @ 910-900 range. Price is facing Some resistance in the range 950-960 range. if the price breaks 935 range gives some pullback enter for short.