ICICIPRULI (NSE: ICICIPRULI) is consolidating near a critical resistance level of ₹606. For a bullish setup:
🔹 Trigger: Wait for a strong green candle closing decisively above ₹606 with elevated volume to confirm bullish conviction.
🔹 Targets: ₹643 (Initial) → ₹668 (Mid-Term) → ₹701 (Extended) → ₹776 (Final Target).
🔹 SL: Low of the breakout candle (strict risk management).
Why This Works:
Pure price-action strategy: Focus on key levels and volume-driven momentum.
Clear risk-reward hierarchy: Final target aligns with historical swing extensions.
This post is for educational/informational purposes only and not financial advice. Trading stocks/derivatives carries high risk. Past performance does not guarantee future results. Always conduct your own research and consult a licensed financial advisor before trading. The author assumes no responsibility for losses incurred based on this content.
🔹 Trigger: Wait for a strong green candle closing decisively above ₹606 with elevated volume to confirm bullish conviction.
🔹 Targets: ₹643 (Initial) → ₹668 (Mid-Term) → ₹701 (Extended) → ₹776 (Final Target).
🔹 SL: Low of the breakout candle (strict risk management).
Why This Works:
Pure price-action strategy: Focus on key levels and volume-driven momentum.
Clear risk-reward hierarchy: Final target aligns with historical swing extensions.
This post is for educational/informational purposes only and not financial advice. Trading stocks/derivatives carries high risk. Past performance does not guarantee future results. Always conduct your own research and consult a licensed financial advisor before trading. The author assumes no responsibility for losses incurred based on this content.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。