ICICI Bank 1D Timeframe Projection The overall trend is bullish but here I share my view for ICICI Bank. Upon analyzing the market trends, it has been observed that the overall trend for ICICI Bank is currently bullish. However, to provide you with a detailed perspective, I would like to share my view on the 1D timeframe projection of the stock. By analyzing the...
this stock is trading in a channel... keep in long side until price is in the channel.... if channel breaks and retest then look for short side.... we have resistance in the zone1040-1050.. on bottom side trendline is acting as a support...if trendline breaks and retest then look for short side continuation. we have strong support lies at 960 levels. Drop base...
ICICIBANK - Elliott Wave Count the market looks like its near the top and soon we can expect the reversal downside to Wave A correction.its recommended to wait for the price to comes back & close inside the channel to confirm the bearish scenario to take short trades. whatever the high made on wave 5 will be the SL for the short position. Please note that this...
The stock broke out above an active supply/demand zone of INR 900-920 in April 2023.This particular zone has been an active supply/demand zone for the stock since Sep.2022. 2 attempts by the stock to go past INR 1000 mark were reversed by the sellers in July and Sep. this year. Now for the past 3-weeks the stock has been making an accumulating range right at the...
the stock is near its demand zone... if price breaks this zone and gives retest will go for short side.... Chance of continuation fall till up to 920 zone...and then have a chance of Right shoulder formation...So keep in bearish view up to 920 and then look for buyside from this zone.
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...
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.
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,...
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...
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.
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. previously leaving an Supply zone, the same zone now acts as demand. price again came back to the same level, enter here for long for the target of untested supply zone at 950-960 range.
ICICI BANK short position The price has been traded in a rising wedge. Expecting the breakout soon. Target is shown on the chart
NSE:ICICIBANK is trading in a range. As per my analysis, if any 15 min candle closed and sustained above level of 942.00, it could be best opportunity to buy with stop loss of 925. My expected upside target will be 973.00 Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ICICI Bank level of 826 has acted as a support and on the daily TF there has also been a healthy pullback to 866 level now the stock price is all set to move to the upward direction. You can open a position here for long and aim for level of 956.
icici bank gives fresh breakout on daily time frame with confirmation.