Wednesday, December 27, 2006

ICICI BANK (revisiting)
A BREAKOUT FROM STRONG RESISTENCE




Finally we seen the breakout from 890 and closed above that level, now its heading for beyond 925 and most probably the level of 1005. Now the will this stock stay above the 890 if it so then above mentioned target are quite achievable even some most relaible indicators are indicating for further rally ha beyond 925. And todays 890 breakout is just a fluke then it'll get back to the levels of 835.