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ICICI bank

Discussion in 'Technical Analysis' started by thulasi_babu, Aug 28, 2016.

  1. thulasi_babu

    thulasi_babu New Member

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    what are the important levels of ICICI bank for short term?
     
    thulasi_babu, Aug 28, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    ICICI Bank has formed Head and shoulder pattern similar to Nifty and on daily charts. So the break of neckline of 235 to 220 (Depending on how aggressive trader you are) should be your stop loss.

    ICICI_HeadNShoulder.png

    Charts by TradingView
     
    shabbir, Aug 29, 2016
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  3. jkpahuja12

    jkpahuja12 New Member

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    What is Trading View. This sites in USA stocks. Icici Bank symbol is IBN-ADR .What ratio it has in Rs term.
    Also, its head & shoulder is not shown on the chart. Pl explain further for members interest,
    Thanks
    JK Pahuja CA
     
    jkpahuja12, Aug 29, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    This is site for charts and it charts stocks from BSE as well as NSE. The charts that I attach here are from that website.

    Again to understand head and shoulder it is completely explained in my eBook and it is not something that can be explained in a post or in an article.
     
    shabbir, Aug 29, 2016
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  5. nirajshah

    nirajshah Champion

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    Awesome info @shabbir
     
    nirajshah, Aug 30, 2016
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  6. shabbir

    shabbir Administrator Staff Member

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    Glad you liked it and don't forget to share it with your friends on social media.
     
    shabbir, Aug 30, 2016
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  7. thulasi_babu

    thulasi_babu New Member

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    Thank you Shabbir sir for your reply to my ICICI. I am out of station and I just found it
     
    thulasi_babu, Sep 1, 2016
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