MTECHTIPS:- ICICIBANK:- ICICIBANK is in SELL position Share has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below300.8 Buy if above 316.3 The ICICIBANK is now trading in highly oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 88 % indicators.
Intraday trend-Buy is advised above 307.7 with a stop at 302.2 Below 300.8 go for sell The intraday signal is SELL and it is supported by 73 % indicators. WWW.MTECHTIPS.COM