Long above 380 for breakout and Short below 372 for channel ranged
ICICI Bank Ltd (Icicibank - NSE) is within ABC correction, where B wave is within WXY complex correction and Y is in progress as c wave down. It must hold invalidation level of 370.80 to retain the count valid. The target zone of B wave will be 325-20, so stay bearish until it reached. Thereafter C wave up will start moving up.
ICICI BANK Has formed triangle pattern. Watch the levels marked on the graph. Trade with your knowledge for profits.
icici bank posible trade=position 349.... target -374-380...stop loss- 338... manage your risk reward ratio..
ICICI Trendline break in 1Hr TF confirms the downward trend ...
Create a long position in icici bank. Cup with handle pattern breakout. Buy @ 375 with sl 350 TG- 390/410/420
ICICI Bank has completed inverted head and shoulder pattern. For further confirmation, it should close above neckline tomorrow. TARGET 475.
Keep an eye on the trendline, any move will help to track Banknifty too
Now if ICICI gets close to the red zone, the resistance would be considered as week resistance. This weakening of resistance 3rd time might push up the stock with good potential in another reset.
Go long in ICICI for target of 420 plus Stoploss 320
looks like ICICI bank is ready for upmove. Daily and weekly charts looks impressive & RSI showing +ve divergence
INTRADAY & SHORT TERM ICICI BANK Cup & Handle Breakout Above 375.55 , Target 385,390+
intraday: BUY icici bank 367.5 SL 363.5 target 371,374
IF TREND LINE WILL BREAK THEN SHORT THE POSITION