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Thursday, July 14, 2011

TRADING RECOMMENDATIONS ICICI Bank Ltd.

ICICI Bank Ltd. CMP—Rs 1054.00
Technical Outlook & Trading Strategy:-

The share price of ICICI Bank appears to be forming an inverted Head & Shoulder pattern (Intraday Chart).This is a bullish formation and the measuring implication of the pattern suggests that the price can advance to levels of Rs 1074
/Rs 1090levels.

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