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NISM Certified Research Analyst & Mutual Fund Distributor.

Tuesday 30 July 2013

ICICI BANK LTD. 30713

THE COUNTER SEEMS TO BE FORMING A BASE AROUND ITS SUPPORT AREA OF 915 LEVEL. IT HAS WITNESSED COUPLE OF BOUNCE BACK FROM THE SAID MARK. THOUGH THE COUNTER IS IN A DOWNTREND A POSSIBLE BOUNCE BACK FROM HERE CAN'T BE RULED OUT. WITH THAT NOTE WE RECOMMEND TO TAKE LOW EXPOSURE TO THE COUNTER AT 926 WITH STRICT SL OF 915 FOR THE TGT OF 970-975 IN A SHORT TERM.


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