ICICIBANK //---------------------------------------------------------------------------------- ICICI BANK Analysis //---------------------------------------------------------------------------------- Looking Bullish & Formed Morning Star Candle Pattern on Daily Chart if Manages to Hold Today's High [1258.30 ] Then it Can Trade till 1265.75 Stock Will be Bullish Above 1258.30 //---------------------------------------------------------------------------------- Resistance above:- //---------------------------------------------------------------------------------- R1-1265.75 R2-1280.25 R3-1296.80 R4-1303.85 //---------------------------------------------------------------------------------- Support Below:- //---------------------------------------------------------------------------------- S1-1237.90 S2-1231.75 S3-1217.40 //---------------------------------------------------------------------------------- Stock is Bullish & Now Any Dip can Be Utilied as Buy [ Buy on Dip] ICICI Bank Closed at 1255.50 & Closed above all short-term and long-term EMA's //---------------------------------------------------------------------------------- Value of- //---------------------------------------------------------------------------------- Ema_5 - 1241.40 [ Bullish] Ema_50 - 1241.34 [ Bullish] Ema_200 - 1207.46 [ Bullish] RSI - 50.44 [Positive Crossover PCO] STOCHASTIC - 15.38 [Positive Crossover PCO] //----------------------------------------------------------------------------------
Comment
Buy on Dip - Worked Well Low Made 1224
and Hit First Tgt 1265.75 Almost 40 + Points
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