4th DECEMBER 2016

4th dec 2016

ICICI Bank 
Last traded Price : 259.60
Target : 272, 284, 297

Analysis

1. Stock trading above 200 DMA ( Day moving average)
2. In william %R chart line crossed below -70 trading in oversold region.
3. William %R chart line making angle of 45 degrees.
4. MACD signal line will crossover in next trading session.
5.  RSI also have strong support at 50 

• Target  2 weeks 
• 1st    272
• 2nd   284
• 3rd    297

Introduction

Hi Friends
I am Arshad Shaikh from Maharashtra India.
Currently working in an Engineering MNC company.
But im very much intrested in Share market and thas why idea of blogging came to my mind.
I have learned trading from some professionals in this field.
They taught me approach for study and experience added valueble things to mind.

My trading only based on technical analysis ; I REALY DONT CARE ABOUT FUNDAMENTALS.


Follow my blogs.
Ill give you all details about entry and exit points of a stock and time frame required.
And on what basis i have recommnded the stock.
If possible i ll post the chart also.


Thats it

Arshad Shaikh