SUMMARY:- *after posting stellar numbers it is the only stock which is holding the fort for the markets *once market starts to recover icici bank shall lead from the front based on relative outperformance *the stock is taking support on its to 20-ema near 792-795 *on the upside 820-818 is acting as strong resistance *we are going there but its getting rejected *once a close is achieved then expect the stock to race to level of 840-850 *can go to new all time high also *stock also gave a double bottom breakout and has given a throwback pattern move *now when swing high of 836 breaks a extension of the recent move from 836-796 to 876 will be seen and more
ICICI BANK FEB FUT BUY@810 STOP@793 TARGET@820-830-840 (WILL REVISE TARGETS UPWARDS FOR POSITIONAL TRADERS LATER)
NOTE:- *this view is my personal view trade with strict stoploss *once view may differ from others so trade with solid mind *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below *longs are active already check out the channel link *early analysis through link channel 👇👇👇👇👇👇👇👇👇
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UPDATE STOCK HAS SEEN SHARP FALL JUST DURING POSTING THOSE ENTERERD TRADE WITH STRICT STOP THOSE WHO ARE YET TO ENTER WAIT FOR 810
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THOSE WHO ENTERED CAN ADJUST STOP TO 792-793 MARKET IS VOLAITLITY I EXPECT MARKET TO COOL DOWN IF ANY RECOVERY IS TO COME IT SHOULD COME FROM ICICI BANK BUT THOSE RISK AVERSE TRADERS CAN EXIT@799-800 NOW
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