IBN trade ideas
Bullish Deep Crab Formation About to CompleteAs you can see, In NSE:ICICIBANK 15 min time frame, CD leg of Bullish Deep Crab Harmonic Pattern is about to complete. We can see reversal from the level of PRZ.
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Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
ICICI Bank strong candidate to lead banking spaceBank nifty is making range movements for months now. In banking space ICICI is slowly marching to claim the leading position. On the ground this is majorly result of digitization of operations efforts carried out over years. Others are still following ICICI bank in digitization instead of leading the market with new idea and reduce the over all cost. Please consult your investment advisor before making any investment.
ICICIBANKNSE:ICICIBANK
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ICICIBANK breakoutICICI bank may see a 80 to 100 point run after crossing 780 Levels. It is consistently outperforming others in Nifty bank. On the ground, ICICI banks digital leadership in banking space is rewarding it with fast growth in new business at the same time controlling the cost of infrastructure.
ICICI BANKThis banking stock, which has given a breakout from the level ~740 INR, we can go bullish for this @ BUY Price of 755 INR with a target price of ~800 INR with an stop loss of 742, another plus point for ICICI BANK is that its RSI level also crosses the value of 50 which indicates us a strong buying momentum in this stock
ICICIB in consolidation zone but different busi environmentEarlier ICICI Bank broke consolidation levels with riding on high expectation. It is again entered in the same zone but wit different set of business conditions now. Now external factors will determine if ICICI bank can break these level. One news and all levels break on either side in war news driven market.