PICK OF THE WEEK: ICICIBANK (NSE)

23rd September 2019
  • On a daily chart, recently the stock has taken the support of the “Lower Band of the Upward Rising Channel formation” in which the stock has been trading since last many days which indicates a rebound movement towards its Upper Band of the formation.
  • Moreover, the stock has given breakout of its "Falling Trend line" which indicates a reversal move and base on which the stock could accelerate its upside movement.

Company Name

ICICIBANK

Our Recommentation is to

Buy

Buy

417.50

Targeted Price

470

Stop Loss

385

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