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Buy ICICI Bank Ltd For Target Rs.895 - Religare Broking
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ICICI Bank Ltd
* ICICIBANK has been witnessing gradual recovery in the line with other banking majors.
* It is holding strongly above the support zone of long term moving average i.e. 200 EMA.
* The buoyancy in the banking index combined with the chart pattern is pointing towards a steady up move.
* We thus suggest initiating fresh longs as per the mentioned levels.
Buy ICICI Bank Ltd @ BUY CMP 868.55; Range 860-865; SL8 48; Target 895
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