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ICICI Bank Limited (ICICIBANK)
Mostly private banking majors are seeing decline and ICICI Bank is no different. It has recently witnessed breakdown from a consolidation range, after spending nearly one and half month. The chart pattern and positioning of indicators are signaling further fall ahead. We advise initiating fresh shorts position as per the mentioned levels through Put option.
BUY 370 PE ICICI Bank Limited @ 9-11 Stop Loss 6 Target 18 CMP 12.45
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