once cross 647 on closing . then it might have more .....
Stock has made an inverted H&S Pattern on Weekly TF which indicates the bullishness in the stock. Key resistance levels are still not taken out which requires a closing above 615 level. Stock may touch its ATH after sustaining above 615 levels. DISC: Only for educational purposes.
www.tradingview.com ICICIPRULI : After a long time fall and then consolidation, the stock is ready for a BreakOut event. Although it has broken the up level of 550 and sustaining currently, one should be bullish till the time it is not coming down below 550 level.
This is an update to the previous post!!! ICICIPRULI - Elliott Wave Count It appears that ICICIPRULI is in wave C of 4 and to reach the range of 500 in the coming days. Then we can see a good impulse wave 5 towards 600 and beyond. Please note that we have placed our stop loss at the level of 485. This means that if the price drops below this point, we will exit...
ICICIPRULI - Elliott Wave Count It appears that ICICIPRULI is completing wave 4 and we can anticipate wave 5 to reach the range of 670 to 700 in the coming days. Please note that we have placed our stop loss at the level of 512. This means that if the price drops below this point, we will exit the long position. Please note that this information is for...
If goes beyond 460 range then we can consider as a breakout. I had little positions but closed around 450 range. Planning to re enter only after breakout. HS - Head and Shoulder format.
The Scrip is bouncing from the support with a strong note and expecting a bull run to begin in this. keep the scrip in radar
ICICIPRULI above giving falling wedge breakout. If it sustain above 442 should hit 450-455-460 very soon. keeping on radar ICICIPRULI 450 CE
Icici Prudential is at multi-timeframe support. The structure of the stock is still maintained of higher highs and higher low, hence if this support {530-520} is held, chances are high that the correction we are seeing in the stock since 700 levels might end and stock may resume its bigger trend ( uptrend). Disclaimer: Not a Recommendation to trade.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
ICICI Prulife may bounce back at 628. If it does not, we may see another round of decline.
Dark Cloud cover, candle stick, RSI is on negative diversion 590 PE may give soem good return ;)
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 Elliotts view Key Levels are Mentioned on chart Bollinger Weekly MACD Hourly MACD DMI ADX UNGALI POSITIVE RSI in daily above 60 RSI in hourly above 60
Currently standing on strong support level & and also on lower side of parallel channel. High probability of bouncing back - however depends on market trend. Add to watchlist and trade carefully.
ICICI PRU LIFE - SHORT CALL
Dear trader, 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...
It has activated a Bullish Harmonic Sea Horse pattern in daily time frame. It could rally till 575, short term support at 585
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.