ICICI Bank can show a possible down movement to 707 if 745 is broken. With ABG Shipyard bad loans news and ICICI bank leading in this fraud, the stock price can show a gap down below 745. Which in turn can move further down to 707.
This movement in ICICI Bank in turn can bring, the BANKNIFTY index down by ~400 points.
There is a small possibility of small jump or volatility at the level 745, if we see some recovery in the international market, or some sudden good news in the fraud case
This movement in ICICI Bank in turn can bring, the BANKNIFTY index down by ~400 points.
There is a small possibility of small jump or volatility at the level 745, if we see some recovery in the international market, or some sudden good news in the fraud case
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