ICICI Bank – Bearish – Short – Entry 270; Target 256; Stop Loss 284

[Sangeetha Subramaniam]

Stock Name: ICICI Bank

Trend: Bearish

Position: Short

Pattern Formed: Lower Top and Lower Bottom with High Volume

Action Plan:

• Entry at 270
• Risk Taken is 14 which is the Lower Top previously formed
• Target is 256 which is one time the risk.

[Vijayakumar]

Hi Sangeetha,

Your markings of lower top & lower bottom are correct.

However, we need to consider at least 2-3 months time frame for the dow theory.

 

@Frirends,

Please correct me if i’m wrong.

[EQSIS]

Hi THIS is good job, but Mr. Vijaykumar ccomment can help is to practice professionally..  Especially the duration between the first marking to the second is not maintained thereafter,. 

Appreciate your efforts.. Keep doing..

[Author]

Posts