Icicibanktechnicalanalysis
ICICI Bank: Key Support and Resistance LevelICICI Bank is in strong uptrend and my personal view on ICICI Bank is bullish medium to long-term.
However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter.
That's why you need to know from where ICICI Bank might bounce back. So, I draw key diagonal Support and Resistance level.
Wait for these levels and when price rejects this price level, you may get an opportunity to make money.
Happy Trading!
ICICIBANK - Ascending Triangle (Intraday/Very Short Term)This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price. If prices gives big breakout/breakdown, dont rush in trade.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion