ICICI Bank Analysis - Continuous, Just as the Markets !

2024年1月19日

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

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1-18-2024
GREEN UMVD pushing the price UP with a strong RED TrapZone at the moment.
Immediate support around 975 price area

2024年1月19日

註釋

Intraday 1s Renko setting. Mostly Sideways at the moment

2024年1月19日

註釋

Hourly Chart analysis
RED TrapZone is barely starting. with RED UMVD. BARS Are RED too. can be a BEAR/BULL Trap here

2024年1月19日

註釋

Daily analysis
GAP over GREEN TrapZone closed after RED UMVD for a while that started around the TOP. RED UMV in place at the moment.

2024年1月22日

註釋

GREEN TrapZone and GREEN UMVD just starting. we can see prices pushing higher. I would keep an eye on GREEN BARS and that UMVD stays GREEN.

2024年1月23日

註釋

Up Trend with GREEN TrapZone but RED UMVD pulls the prices down.

2024年1月24日

註釋

Prices surrendered to RED UMVD - I think we have Trapped Buyers again here.

2024年1月24日

註釋

2024年1月25日

註釋

Latest - Buyers seems to be coming in but the price is not responding. The RED TrapZone is Intact and price is not travelling above to change its direction

2024年1月29日

註釋

Hourly Check In - GREEN Coming in after the Divergence at the current bar pushing the prices.

2024年1月30日

註釋

Latest Intraday

2024年2月1日

註釋

Latest Intraday

2024年2月5日

註釋

Side By Side analysis - Very Choppy as the Uptrend is trying to catch some steam. GREEN UMVD On the short term Renko shows Bulls operating.

2024年2月9日

註釋

Still choppy and sideways action.

2024年2月16日

註釋

Continues with ZiG Zag and Trapping everyone. In retrace to the downside at the moment.

2024年2月25日

註釋

Seems like its Breaking Up now. Class A entry was clean and Buyers building the Trend on the Renko.

2024年2月25日

註釋

2024年3月6日

註釋

Latest - Great Class B Entries were notes. Short term Profit taking is evident on the Renko UMVD. It may retrace ?

2024年3月21日

註釋

Hourly Technical Analysis Check In
Definitely strong Trend Up with Angle 8 - Mature though. Look for parabolic climax