Key Levels for ICICIBANK are :
TREND CHANGE ZONE~419<>422
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ICICI Bank trading through a rising channel. 435.5 to 436.75 region seems like a good support zone and that can be expected to hold on well. Once if price breaks above 444, we can expect a quick move to 450 and even beyond. Demand areas noted in chart.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do...
After dipping significantly in 3Q, slippages were up ~70% QoQ to ~Rs 35.5bn i.e.2.47% vs. 1.5% QoQ. This incl. an exposure of ~Rs 8.5bn to Renuka Sugars, which is currently servicing its debt (might be upgraded in FY20). W/Os were significantly higher at ~Rs 73.3bn (+~2.1/2.4x), leading to GNPA decline of ~10% QoQ (Rs 463bn, 6.7%). ~69% of corp slippages were from...