Stock of the day - ICICI Bank Limited Target Rs. 1540 - Religare Broking Ltd
ICICI Bank Limited
Buy ICICI Bank Limited CMP (Rs) 1454 Range* 1450-1455 SL 1405 Target 1540

* ICICI Bank continues to exhibit a bullish structure, with price action sustaining higher highs and higher lows on the daily timeframe.
* The stock remains positioned above its short, medium and long-term moving averages, while the rising 20-DEMA further confirms improving near-term momentum.
* Upside moves are accompanied by expanding volumes, indicating sustained buying interest keeping the medium-term trend firmly positive.
* Investors may consider buying the stock within the recommended buying range.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
