Swing Trading Idea in ICICI PRU LIFE

23 thg 2, 2024

SYMBOL - ICICIPRULI

There is a flag & pole pattern on daily time frame in ICICI PRU LIFE.

CMP is 520

I am taking long position in march futures here at CMP for 560-590 target.

Stoploss would be 498.

It is in good support zone & consolidated here. I think it is ready to blast. After breaking out above 530, It will move towards 560 & 590 very fast.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

28 thg 2, 2024

Giao dịch đang hoạt động

CMP 530

29 thg 2, 2024

Giao dịch được đóng thủ công

went till 540 & reversed. Looks like breakout fail scenario.

CMP 527

closing position here (7 rupees in profit).

1 thg 3, 2024

Ghi chú

CMP 545

Although I closed my long position but looks like breakout is sustained & it is headed for 560 to 590 levels.

4 thg 3, 2024

Đóng lệnh: đạt mục tiêu

CMP - 560

Although I exited my position 2 days ago but Analysis was on point & would have captured 8-10% profit in futures.

6 thg 3, 2024

Đóng lệnh: đạt mục tiêu

CMP - 579

I exited my position at 527 but analysis was spot on. expecting last target 590 tomorrow.

12% up as of now from my buying level in just one week!