IBN trade ideas
ICICIBANK-Bullish The stock price is trending upwards it is said to be bullish again from 900 level,
Observe reaction at this level in lower time frames like in 15 min and enter long.
previously leaving an Supply zone, the same zone now acts as demand. price again came back to the same level,
enter here for long for the target of untested supply zone at 950-960 range.
ICICIBANK Buy Idea 11 May 2023 NSE:ICICIBANK is trading in a range. As per my analysis, if any 15 min candle closed and sustained above level of 942.00, it could be best opportunity to buy with stop loss of 925.
My expected upside target will be 973.00
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
ICICI BANK : Ready for Reversal??5 Steps Analysis of ICICI Bank
1. On Daily TF we can see that stock has respect to trend line.
2. We can see on chart that Dec. 2022 month was down trend for stock then Jan. to March 2023 stock was facing consolidation zone.
3. April Starting of new financial year the whole market on up trend and highly volatile, Among them Banking Sector performing well and still statin the rally.
4. But on this stock upside rally which was stared from April is not Strong for particular stock, price going upside but volume and momentum is not supporting well, once stock has break the trend line then further downside can see in coming days.
5. We can see the short opportunities in this particular stock, currently stock has facing strong resistance at 945 level if stock break the 930 level then further downside we can see at 911 levels in coming week.
ICICIBANK 1HR (10 APRIL 2023)NSE:ICICIBANK
877 strong resistnce.
if it sustained above
then can predict upside move.
we wont bullish below 878.
near resistance level if broke and sustained above 878 then have the capacity to touch 957.if it halts more time near 870 to 890
then trend will be bullish.
Triangle Pattern Breakout and Retest of Breakout LevelTriangle Pattern Breakout and Retest of Breakout Level
Triangle Pattern Breakout,
And Retest Of Breakout Level ,
And With Double Confirmation
1st - Price break the pattern
2nd - Price retest the breakout Level
3rd - Buying Entry for this patter is when breakout retest
4th - Find Stop Loss Where the Swing Low Before Breakout of Pattern
or the just low below the lower line of pattern
5th - Find the Target Price is equal to the Height of the Pattern
6th - Target is From the Breakout of the Pattern
or the Double Confirmation of the Pattern Breakout
#ICICI BANK Looking good #ICICI BANK... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS