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Friday, August 12, 2016

Techncial Outlook : ICICI Bank



ICICI Bank Ltd. (245.95) :

ICICI Bank is trading in trading upward channel from last six months. Recently It has touched down lower end of channel around 236. Now again it has started up move from there. 

From here Risk Reward radio is favourable. So one can Buy ICICI Bank around 245 with stop loss of 236 on closing basis for target of 265-280. Time Frame is 3-4 weeks.

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