ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points. Company is expected to give good quarter Company has delivered good profit growth of 34.6% CAGR over last 5 years. its profit has...
Expect ICICI Bank to outperform in near term. The sector has strength and the stock is also showing strength hence look for low risk entry point here.
26/08/2023 ICICI bank CMP:970.40 Break out Target :1050-1130 SL:945 Information is only for study purpose
The stock is trending downwards.... price is now near to a strong, a strong rise is observed from this area.. If it is a bullish turn price will take the support from this area... then look for buy side.... If this area pushes the price upside...we will on long side until the Bearish Gap be filled. again will look for sell at Bearish Gap or trendline. Look for...
ICICI Bank is near the support level and at attractive support level. Both on DAILY and WEEKLY chart it has shown a DOJI CANDLESTICK and also given its breakout. HARDLY 20 POINT STOP LOSS I.E 946 AND GET READY FOR NEW ATH
NSE:ICICIBANK One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for...
I spot a clear 5 wave structure since March, 2022 lows. Clearly indicating that there is more upside in the coming months. A very simple and clear structure in my opinion.
A wedge or a diagonal pattern generally signifies dramatic reversals. Do Well Analysis Before Investing. For Educational Purpose
icici bank is ready for big move of approx. 18 percent RSI is also supporting it after the successful breakout of the cup and handle pattern it is now retesting it and ready for the big move. buy - 970 SL - 950 Target - 1000 , 1120 Amazing Risk reward ratio - 1:10
We notice that we are in the process of a correction for the ascension, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy and there is divergence
See in Chart friends.. Head & Shoulder Patter and above horizontal line (major resistance) around 960. So if cross, stable and close above 960, shooting UP.. Let's see
ICICIBANK Chart Analysis.......24/07/23 ICICIBANK Long - 1002 Sl - 988 Target - 1010 / 1030 / 1050 Enjoy !
We notice that there is an increase in the buying momentum
this tikker seems to me overvalued and retracing from its ATH, as we can see there are many reasons to believe this stock is falling and will correct some of its rally and make the infrastructure for its upcoming rally. we can see there is a Mild Bearish Divergence on MACD and Regular Bearish Divergence on MACD Histogram, which are the sign of trend reversal and...
ICICIBANK broken the monthly resistance @960 zone. In weekly time frame also its bullish... in daily time frame showing bearish pressure.... in lower time frames it is coming slowly to test the previous resistance might acts as support.
Good sign of bullish trend in ICICI Bank. Trend will break up resistance and give target up to 1100
ICICBANK is completing an ending diagonal pattern which suggests that prices could reverse soon as a part of correction. Further confirmations can only be made after price breaks the structure (downwards). This is only an idea based on the Elliott Wave Theory. Manage your own risk while trading or Investing.
A close above 959 is required with good volumes, this will confirm a Cup and Handle BO. First 990 then 1150.