ICICI Bank find strong support at 200 sma & Bounce with good Vol
Hi Traders,
ICICI Bank find strong support at 200 sma & nice Bounce with good Volume.
Bullish on stock due to below point:
1) Good Bounce from 200 sma with more volume greater than last 20 day average Volume.
2) Big Bullish candle at form at confluence of support zone 375-385 & 200 sma placed at 386.
3) Good risk reward ratio trader to enter.
Target to achieved:
T1 : 423 (Book partial profit 50 % as per risk capacity )
T2 : 443 (Book remaining full profit )
Strict stop loss : 378 as (As Below 200 sma & crucial support at 380 )
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
ICICI Bank find strong support at 200 sma & nice Bounce with good Volume.
Bullish on stock due to below point:
1) Good Bounce from 200 sma with more volume greater than last 20 day average Volume.
2) Big Bullish candle at form at confluence of support zone 375-385 & 200 sma placed at 386.
3) Good risk reward ratio trader to enter.
Target to achieved:
T1 : 423 (Book partial profit 50 % as per risk capacity )
T2 : 443 (Book remaining full profit )
Strict stop loss : 378 as (As Below 200 sma & crucial support at 380 )
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
Dagangan aktif
Entered Long & what a good bounce from 200 sma..
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.