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Balrampur has made a breakout from recent highs. I think the stock can hit a initial target of Rs.393/395 and then Rs.415+. Stop Loss should be around Rs.360
Purely for educational purposes. Please use your discretion before taking any trade.
This strategy uses SMA 3 and SMA 39 to generate long trades. The trade closes when the signal turns bearish.
Life time high that ICICIBANK touched in 2015 is INR 357/-. With the budget round the corner, results and talks of hike in FDI, stage may be well set for ICICI to scale new highs. Experts viewing this can throw more insight.