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 .
Whatch ICICIPRULI breaking long term trendline Take trade appropriately with the direction...
ICICIPRULI - Looking good for Long TimeFrame- 1 week
Short Term Cash Buy ICICIPRULI @436.70-438.7 SL 427.8 TGT 459 Bullish chart pattern cross over with huge volume stay long.
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...
ICICIPRU About to Break Down Break Down rising wedge
ICICIPRULI (Icici Prudential Life Insurance Comp Ltd) SELL BELOW 483
BUY ICICIPRULI (Icici Prudential Life Insurance Comp Ltd) ABOVE 507