ICICI BANK After underperforming in jan , currently it has out perform the nifty and show good upmove in last 20 trading days.On thursday it closed above the resistance line. but suddenly on friday it reversed and tested the same resistance line which is now support line.it made a low of 948 and close near 956.
942 is last support for this stock. if closes below 942 will see panic selling and can touch 887 in coming days. Stock Look bullish if closes above 980 for more than 2 days. Short below 942 for target of 887 with stop loss 970.
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