Looks like beginning of new impulse on Hourly time frame
One can go Long now or in dips with stoploss of 540
All the key levels are mentioned in chart with Stop-loss and Targets
Key Levels are Mentioned on chart
If u look at the chart of ICICIPRULI (analysis based intraday only) the ICICIPRULI Buy at 558 and Target at 568
Best Buy at 555.
Our Best Buy is based on high quality research and when the instrument reaches this level, it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you...
NSE:ICICIPRULI will fall and may see the 403 levels this month. My view on this will be bearish until it will leave the bottom line of "Bollinger band" and move in the up direction.
currently, on weekly view, all moving averages are showing a Sell signal.
It's just for my study view.
Hello Traders, there is an opportunity in insurance sector with ICICIPRULI, i thing we must go long with, what i have seen that it has been concolidated in a range between 468 to 472 from lower side and same range must keep the SL & move upward for the profit booking area, have a save trading. Good luck!!
Here is 200SMA in Green colour and 50 SMA in Red, Resistance Trendline in Black
Two Fibonacci Levels Also at current levels Marked in circle.
And All Fibonacci levels are mentioned in chart as black horizontal lines they always act as support and Resistance.
One can Buy at CMP or in Dips with SL of 485
Note. It would be Full...
ICICIPRULI is trading in parallel channel on daily chart & clearly see following trend.
Incase if continue trend line - next target will be 460 and next will be 400 levels.
However after budget and reversal from bottom line of parallel channel - possible uptrend will continue.
Add to watch list and Trade cautiously .
ICICI Pru Life Insurance company has taken a support at the 20 DMA multiple times.
The idea is to go long on the stock at the current price of 421.85 with a tight stoploss of 1 ATR ~404.
The stock fell with the overall market today but did not breach the 20DMA support. Some resistance seen at 437 post which its poised to go higher.
This idea is for education only.
#ICICIPRULI closed over 20EMA strong support and formed the Inside Bar and also become NR4 and NR7 candle. watch the Gap UP/DOWN opening tomorrow.
Showing Mix result in Technical Parameter:
CCI is treading UP
RSI is treading UP
Stoch is treading down
ATR is decreasing since 7 days.
New Long position...