1. ICICI has fallen from its peak of Rs 1465 due to its wrong strategies despite being a good bank.
2. I am giving a fresh strategy for ICICI bank as one has to have a stop loss in life to avoid getting married to a stock. All those long term investors can say good bye to this stock if it breaks the level of Rs 439 on closing basis as therafter stock can fall tillthe level of Rs 285 and Rs 325.
3. If the stock is able to bear the brutal ICICI collapse or ICICI bankruptcy than it faces an uphill task of crossing the level of Rs 656 and thereafter the level of Rs 801- 965 - 1,100.
4. Thus as a fresh buying strategy one should go long in this stock if it is able to sustain for two consecutive weeks above the level of Rs 601.
2. I am giving a fresh strategy for ICICI bank as one has to have a stop loss in life to avoid getting married to a stock. All those long term investors can say good bye to this stock if it breaks the level of Rs 439 on closing basis as therafter stock can fall tillthe level of Rs 285 and Rs 325.
3. If the stock is able to bear the brutal ICICI collapse or ICICI bankruptcy than it faces an uphill task of crossing the level of Rs 656 and thereafter the level of Rs 801- 965 - 1,100.
4. Thus as a fresh buying strategy one should go long in this stock if it is able to sustain for two consecutive weeks above the level of Rs 601.
