ICICI Bank: Keep a close eye

CMP 349

Target for the current set up can be around 415.

Important levels mentioned in the chart itself

On the lower side 335-343 is an important zone which should be protected on a weekly closing basis.

Momentum might be seen once the stock crosses the hurdle of 358-364 zone

Risk::Reward ratio looks favorable for Bulls

Take care & happy trading...!!!

Wish You all a very Happy Diwali...!!!

When the stock was trading at 349 We had mentioned 335-343 zone should be hold on to. Well the low made thereafter is 336 and now the stock is up at 377.

Partial profit booking is recommended around 380 and trail SL to 355 for balance

Happy trading...!!!

Nifty is exactly at channel resistance
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