s.arun.natesh

ICICI Bank - Long

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NSE:ICICIBANK   ICICI BANK
We have watched the stock for sometime now and it has confirmed its intent of moving in an upward trajectory. Having broken, the stock retraced and came back to find earlier resistance as support. Also, the price is now above the Ichimoku cloud - a bullish sign... The tide seems to have changed. I will be going long above 360 with a SL of 330 and a positional tgt of 445. There are couple of intermediate hurdles at 380-385 and at 408. These could be potential targets.

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