Saturday, February 13, 2010

ICICI BANK 11.02.10



ICICI BANK DAILY CHART :

SUPPORT : ICICI BANK HAS GOOD SUPPORT AT 780(PINK LINE) FROM WHERE IT HAS GIVEN GOOD BOUNCE PREVIOUSLY

200 DMA : ICICI HAS BEEN TRADING ABOVE 200 DMA WHICH IS AT 784 FOR LAST 1 WEEK WHICH IS A POSITIVE SIGN .IT HAS COME CLOSE TO THE 200 DMA BUT IT HAS NEVER TOUCHED THE 200 DMA LINE

VOLUMES: VOLUMES HAVEN BEEN ON CONSTANT DECLINE FROM MAY 2009 TO PRESENT DAY

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