Will Bullish Shark lift ICICI BANK ?

2017年6月8日

Hi All,

We have spotted a bullish harmonic shark pattern setup on 15 mins chart of ICICI Bank.

Trade levels highlighted on chart.

Trade levels
Entry @ 318.75
Targets- 321.9 - 323.9
Stop- 316.5

PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.

Trade with care.
Gulz.

2017年6月9日

交易進行

Hit PRZ - Entry only if price action support

2017年6月9日

交易進行

Shark pattern need active trade management ( not like other patterns)- buy only if shows pull backs or RSI divergence + over sold on lower time frame

2017年6月9日

交易進行

Price action formed big brother ( shark pattern which ends at 1.13XA instead of 0.886XA) .

Entry 316.6
Stop 315.4
Targets rolled - 319.8- 322

2017年6月9日

交易進行

Just missed by 0.1 points for target 1 - hold positions as long as it do not break down the trend line

2017年6月9日

交易結束：目標達成

First target hit.
Position can be hold by moving stop to breakeven for risk free trade & watch the trend line.

2017年6月9日

交易結束：目標達成

All hit, book full

2017年6月9日

註釋

So, Shark could lift ICICI without hourly trend line support :)