Sunday, July 17, 2011

ICICI Bank (ICICIBANK)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


ICICIBANK closes  at  $ 1060.65  with a fall  of -0.80% on 16 July 2011 with formation of Bearish Haramai Cross Candle on Daily  Price Chart .Technically, ICICIBANK is looking week on charts.  Major Momentum  are showing weekness like Schaff Trend Cycle & Buyer-Seller Force index.
We Recommend to SELL  -   ICICIBANK  Below $ 1055
Target- $ 958.60
Stop-Loss – $ 1069.50
Time Frame- 10-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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