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icici bank

Discussion in 'Technical Analysis' started by shwetagnema, Apr 18, 2013.

  1. shwetagnema

    shwetagnema Active Member

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    yesterday icici bank crossed the highs (1100) of oct-nov. 2012, gaining strength with volume. should it be taken as going uptrend now
     
    shwetagnema, Apr 18, 2013
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  2. srspriya06

    srspriya06 Active Member

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    According to me it is a breakout...
     
    srspriya06, Apr 18, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    Definitely a breakout above 1050 but then its missed now. Wait for another breakout
     
    shabbir, Apr 18, 2013
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  4. sainath85

    sainath85 Member

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    would buy if it crosses 1150
     
    sainath85, Apr 18, 2013
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  5. shwetagnema

    shwetagnema Active Member

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    icici crossed 1150.....is it next breakout
     
    shwetagnema, Apr 23, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes it looks like but then Stop loss would be too down and if you are comfortable with that stop, you can go long.
     
    shabbir, Apr 23, 2013
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