ICICIBANK closes at $ 879.85 with a gain of +2.340% on 13Oct 2011 with formation of a Bearish Spinning Top Candle on Daily Price Chart .Technically, ICICIBANK is looking Good on Weekly Chart. Major momentum indicators are also gaining momentum on weekly Chart.
We Recommend to BUY - ICICIBANK at CMP
Target- $ 917.60/965/1003
Stop-Loss – $ 835
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 .
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 .
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