IBN trade ideas
Technical breakout Buy Icicibank above 936
Which is a triple top breakout using P&F charting, the DT is at 943. Hence, a clear signal that the stock should remain above 930 and 936 to enter into a buy for Targets until 951 initially.
The stock has shown a longer term inverse head and shoulder pattern.
A failure to break above 936, the stock may find a reversal.
icici bank price avtion
NSE:ICICIBANK
news aid its consolidated net profit jumped to 80.06 billion Indian rupees ($967.8 million) in the fiscal second quarter from 60.92 billion rupees a year ago, beating the 71.04 billion-rupee net profit estimate by analysts polled by Visible Alpha.
has partnered with the National Payments Corp. of India to launch a range of credit cards on the RuPay payments network, according to a Monday statement.
The ICICI Bank Coral RuPay Credit Card is a contactless card that offers a number of privileges and benefits.