Icicibank - Bearish BatIcicibank near to PRZ of bearish bat on weekly TF and also has 2 supply zones above, Hard time for icicibank. Lets see how price react at PRZ...
ICICIBANK trade ideas
HEAD & SHOULDERS + ELLIOT CORRECTION WAVE IN ICICI BANK POSSIBLE SHORTING OPPORTUNITY IN ICICI BANK WITH THE ABOVE STATED PATTERNS.
NOTE : POSSIBLE NOT GUARANTEED*
ALTHOUGH I AM ALREADY LONG IN ICICI BANK, IN CASE THE BULLS LOSSES THE BATTLE, I KNOW BY HOW MUCH IT GONNA MAKE A POSSIBILE DIP SO I AM CALM AT THE MOMENT :D
ICICI Bank - BearishICICI Bank CMP - 476.70
Looking bearish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Sell at or Below ONLY 471 / Stop Loss 479
Target 1 - 468
Target 2 - 465
Target 3 – 462 / 460
Disclaimer: This is my view and for educational purpose only.
ICICIBANK - Elliott wave analysis - 5th wave upICICIBANK - it is in 5th internal wave of C up. stop loss is 467.10 target will be above 492 or higher.
