ICICI BANK NSE BSE Trading Tips - Stock on the verge of breakout around 1513,further buying expecting if closes above- as per technical analysis point of view. (Updated On 25th July 2014, Friday).

  • As per previous report published on ICICI BANK, stock gave a good up move after breaking its resistance of 1468 and now made a high around 1510. (Click here to read previous report on ICICI BANK).
  • Now hourly chart indicates ICICI BANK moving up from strong trend line support and now finding strong trend resistance around 1513, once stock starts trading above 1513 and if stays above then intraday bull action is expecting in ICICI Bank.
  • Daily chart indicates stock is moving up from 38.2% fibonacci retracement support zone and also trading above 100 days moving average, a long as trades above stock to favor bulls.
  • Daily chart also indicates if ICICI Bank closes above 1513 and moves up from current level then stock will find next strong trend line resistance around 1590. Close Watch.
  • Click here to view all the reports published by us on ICICI BANK.
  • Stock tips for tomorrow.

No comments:

Post a Comment


What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips