Observations::
ICICIBANK
------>>the stock is trending upwards in daily time frame.
---------->> now the price is trading all time high
----------->> now we have to look at this stock ,If price breaks this resistance or not, if price breaks and resistance acts as support, we will observe new highs.
now the stock is looking weak in buy side, if it will sustain above 960 range we will observe some bullish momentum again.
if price breaks 960,and failed to sustain above 960 zone, we will go for selling. and previous supply zone acts as demand at 945 level. keep track this instrument.
we have demand zone @940 range, will acts as support.
If price breaks this level we will be on bearish side for the target of 925,915 range.
If more fall observed we have support @890-880 zone,
look here for long side.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
------>>the stock is trending upwards in daily time frame.
---------->> now the price is trading all time high
----------->> now we have to look at this stock ,If price breaks this resistance or not, if price breaks and resistance acts as support, we will observe new highs.
now the stock is looking weak in buy side, if it will sustain above 960 range we will observe some bullish momentum again.
if price breaks 960,and failed to sustain above 960 zone, we will go for selling. and previous supply zone acts as demand at 945 level. keep track this instrument.
we have demand zone @940 range, will acts as support.
If price breaks this level we will be on bearish side for the target of 925,915 range.
If more fall observed we have support @890-880 zone,
look here for long side.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
Nota
It is still in range**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
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.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
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.
