BUY: ICICI Bank (only if system gives a BUY signal)

2019년 8월 19일

ICICI Bank has come under the scanner through the trading system that I use (blue dots at the bottom signifies the pattern). Now, all that the system wants is the blue dots to go, so that it turns into a BUY signal.

On smaller time-frame, the stock broke the resistance level and is currently standing at its retest.

If the stock breaks the now support line (i.e. fails in retest), the system will not show the BUY signal. On the other hand, if it starts moving upwards, the system will show a BUY signal. Just waiting for the blue dot to go now to take this trade.

(scroll left on the first chart to see how the system gives buy and sell signals, with prices & stop loss mentioned therein. We are only looking for quick spikes here through this system, ranging anywhere between 3-15 days... no long-term trade)

2019년 8월 20일

주문취소됨

It could not hold its support level. The system also mentioned 'No Trade'. Time to move on to next opportunity!

See the pic in the link: