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Icici

ICICI Lombard GIC Ltd. - Technical AnalysisPrice Action: The stock recently took support near the 0.5 Fibonacci retracement level around ₹1,892, bouncing back with strong momentum. This aligns with a visible bullish RSI divergence as the price formed lower lows while the RSI made higher lows, signaling a potential reversal. Key Levels (from Fibonacci): Resistance 1: ₹1,987 (61.8% Fibonacci level) Resistance 2: ₹2,127 (78.6% Fibonacci level) Final Target: ₹2,299 (Fibonacci extension, previous high) Support 1: ₹1,892 (0.5 Fibonacci level, current support) Support 2: ₹1,796 (38.2% Fibonacci level) Support 3: ₹1,677 (23.6% Fibonacci level) Entry, Stop Loss, and Targets: Entry: Around ₹1,940-₹1,950 (post breakout confirmation above ₹1,950). Stop Loss: ₹1,875 (below the 0.5 Fibonacci level and near recent support). Targets: Target 1: ₹1,987 (61.8% Fibonacci level) Target 2: ₹2,127 (78.6% Fibonacci level) Target 3: ₹2,299 (previous swing high) Volume and RSI Observations: The volume profile shows increased participation near ₹1,900 levels, confirming accumulation. RSI is recovering from oversold levels and shows divergence, supporting a potential bullish continuation. Conclusion: If the stock holds above ₹1,892, the bullish trend might continue toward ₹1,987 and higher targets. Maintain discipline with the stop-loss to manage risk effectively.
NSE:ICICIGILong
by AngshumanSaikia
SWING IDEA - ICICI LOMBARD GENIn this analysis, we will explore key technical indicators and chart patterns that suggest ICICI Lombard GEN may be poised for a favorable uptrend. We'll delve into the factors contributing to the positive sentiment surrounding the stock. Reasons are listed below : The 1410 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels. Hammer candle (positive sign) on a very crucial support zone. 50EMA support on daily timeframe. 0.382 Fibonacci support. Stock price is above 50 and 200EMA i.e the trend is intact. Target - 1490 // 1611 StopLoss - Daily close below 1370
NSE:ICICIGILong
by Visionary_Growth_Insights
ICICIBANK : Bearish in upcoming days ?www.tradingview.com ICICIBANK : The chart clearly shows non-sustainable after making its aggressive 52W High. Reversed with divergence at price as well as at RSI level on Daily time frame. Further on chart, it is making Rising Wedge which again depicts the bearish trend. Further down, there is an opened gap between 950-960. A little down is the Point of Control of volume where most of the recent time it has spent. The Point Of Control attracts the price to its side. If it doesn't revert from Point of Control, it can further go down at 925 level to take some breath because that is the edge of the Rising Wedge pattern. That is where there is a chance of reversal to become bullish again.
NSE:ICICIBANKShort
by Stox_Ware
2
ICICI Bank is Retracing and can be Shorted 26/02/2021this tikker seems to me overvalued and retracing from its ATH, as we can see there are many reasons to believe this stock is falling and will correct some of its rally and make the infrastructure for its upcoming rally. we can see there is a Mild Bearish Divergence on MACD and Regular Bearish Divergence on MACD Histogram, which are the sign of trend reversal and retracement. MACD and Signal lines are over crossing from top which is again an other sign of overbought and shall distribute some volume which will cause the trend reversal and surplus of supply and price correction and fall. as we can see the price was ranging in an ascending Paralel Channel and it has already tried to break above the top boundary but could not hold the bull run and fall drastically with Big Red Bearish Candles, which is again another confirmation for the Bearish Divergence and trend correction or retracement. there are total of 3 TP for the retracement which are having confluences with Fibonacci retracement golden Zones 38.2%,48.6% 61.8% Levels, amd past Support areas. obviously after this retracement we should look in to the market sentiment in order to decide about the longing or rebuying it but yet there are good chances that there would come some packages from the RBI to infuse some blood to the banks wanes and pump them back up and make the new ATH where it can be 127% and 161.8% of the same fibonacci expansions. the other scenario after the retracement can be a renge and the fall more as we can see the Cryptocurrencies are growing heavily and of course their growth is very dangerous for the centralized banking system and soon these systems are going to loos the battle to the crypos if they don't adapt a survival mechanism on time for saving some time and loses and it can be an end if the prices fall below the red accumulation zone... please comment you opinions about this analysis
NSE:ICICIBANK
by BitonGroup
8
ICICI Bank 4H analysisICICI Bank analysis in 4H timeframe. ICICI Bank was in nice uptrend and following the trend line. But now it looks bearish after deviation from high of 942.90 . And now market structure is also shifted to downside After breaking the trend line and orange zone. Now I would like to short it only if it it comes back for a retest of Orange zone. Just wait for some rejection from the zone and then get into the trade. Stop loss at 936 and take profits are marked in green and full take profit at 837. Not a financial advisor. This idea is just for educational purposes only. Do your own research. #DYOR. Hit the like if you like the idea.
NSE:ICICIBANK
by snilesh115
2