4th DECEMBER 2016

4th dec 2016

ICICI Bank 
Last traded Price : 259.60
Target : 272, 284, 297

Analysis

1. Stock trading above 200 DMA ( Day moving average)
2. In william %R chart line crossed below -70 trading in oversold region.
3. William %R chart line making angle of 45 degrees.
4. MACD signal line will crossover in next trading session.
5.  RSI also have strong support at 50 

• Target  2 weeks 
• 1st    272
• 2nd   284
• 3rd    297