ICICI bank given breakout already from weekly time frame and made tirangle at top
1. taken support from 15min trendline
2. brokout from swing high weekly time frame
3. made twizer bottom candle and given higher volume in last candle in 15min
ICICI posted a doji candle on daily near the kumo support. With a bearish(weak) tk cross visible on the daily price is expected to head even down but not without catching the equilibrium of tk.
Plan for buy setup above the close of todays doji or buy above the high of the today doji to catch the equilibrium of tk which is at 712/14
stop is absolute low of...
Nov 420CE @ 14-16 tgt 22/27/32.SL may be 6-8 due to volatality.
9-11 is the best buying price.
390 support zone .tgt 419/432/441.5
All largecap pvt banks are delivering good result.
So it may be a good buy.
Disclaimer: Ideas for learning Only.
