NSE:ICICIPRULI trading @ above resistance level which is already tested.
Expecting good move upside and all the potential levels marked.
Show some love and like the chart to support sharing !!
Formation of inverse H&S pattern
Looking tgt 560++
in Very short time frame
Let see if it works
Keeping on radar ICICIPRULI 560 CE current expiry (Hero/Zero)
Triangle Pattern has been formed on ICICI PRUDENTIAL as it is hitting resistance trendline more times than support trendline so i'm only interested in bullish breakout.
TP - 613.20
icici prudential share elliot wave analysis
current time stock move upside 5th wave
buy 567
stoploss 552
target 620 or 650
one point note use 2 or 4 trendline vertical chart help find 5th wave top
If goes beyond 460 range then we can consider as a breakout. I had little positions but closed around 450 range. Planning to re enter only after breakout.
HS - Head and Shoulder format.
Looks bullish after it crosses weekly 200 SMA after almost 3 years and crossed monthly 50 SMA in the same period
RSI>65 and MACD crossover also being done
ICICIPRULI has upside potiental as price action predicted. wait for sustain above high of brkout candle or wait for any pulllback for enter with Prope risk Reward
#swing ideas
NOTE: its for Educational Purpose
As disclosed in the chart drawing, there is a visible near by support zone and a target zone.
Will be interesting to see this script for study purposes.
ICICI Prudential has been demonstrating exceptional performance and is expected to continue its strong performance in the upcoming quarters. The company's remarkable success can be attributed to its efficient management and the ability to deliver impressive EBITA (Earnings Before Interest, Taxes, and Amortization) margins. With a focus on operational excellence...
looking bearish on Daily TF chart. if it goes below 420. u can short with strict day High sl. and have a gud target lower side near week or two week. Always trade with gud risk & reward ratio.
