Showing posts with label icici. Show all posts
Showing posts with label icici. Show all posts

June 08, 2012

ICICI - Wait To trade


ICICI Bank (FV - 10/- Dividend -165% )

ICICI Spot daily chart above

Breakout happened, closed above 50 EMA but still is below the resistance / supply level of 843 - 845

Wait for it to close or trade above 845 to open a long trade and 820 to open a short trade

May 02, 2012

ICICI Bank - Another wedge


ICICI Bank (FV - 10/- Dividend -165% )

Another wedge (after nifty and in progress for bank nifty)

Try to trade on positive side for capped upside till 940 / 960 area only if trades above 890 with stop loss of 870.