ICICIPRULI important resistance levels and trade ideasICICIPRULI appears to be rejecting the price level of 569.00 multiple times which acts as an imortant zone.
Go long once candle closes above ~569.20 level.
SL would be near 566.00
This would be a good catch for both intraday and swing trade.
1st target - 586.50
2nd target - 595.00
3rd target - 52-week high price
Please do you own analysis throughly before investing/trading.
Thanks.
Happy Trading:)
ICICIPRULI trade ideas
ICICIPRULI Stock Analysis 8th Sep 23ICICIPRULI has is about to breakout. Trendline are shown on the CHART.
you can proceed with buying once stock crosses the price 568.
Reason:
Breakout is about to happen
Volume is > Avg(20)
RSI is showing Inresssing trend.
Verdict :
Bullish, Breakout is about to happen.
Plan of Action:
Buy price: 568
Stoploss: 546
Target : 670
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