(Intraday) Swing Day on ICICI Bank

24 May 2020

1. Descending Triangle Pattern Formation On ICICI Bank Chart.

2. Fibonacci Retracement drawn from last high and low on Hour chart. The closing price is above 23.6%. So, It will at least retrace to 38%.

3. The maximum it may go up to 50% Retracement. There price may get the rejection from the day trend line.

4. Buy above 293, Target: 295, 297 Stop Loss: 290

5. MY OPINION DON'T TRADE UNTIL CLEAR SIGNAL COMES OUT. TARGETS ARE TOO LOW.

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26 May 2020

İşlem kapandı: hedefe ulaştı

All target achieved