ICICI Bank has touched the upper line of the channel and forming (in process) bearish candles. This may lead stock correction towards 453-457 level.
May create Short around 487 level with SLTP around 500.
Bank Nifty at current level 23900 is showing bearish divergence and chart is also exhausted in upward direction. Minor correction expected before any next big up move.
We can go short with a target of 23700 and SLTP 24000