Sep 06, 2013, 05.40 PM IST
Shardul Kulkarni of Angel Broking recommends buying ICICI Bank on decline with a target of Rs 1,000.
Shardul Kulkarni of Angel Broking told CNBC-TV18, "Banking has been attracting money in the last two trading sessions. I think this rally in ICICI Bank can extend up to four digits. So Rs 1,000 would be my target price in case of ICICI Bank . If one looks at the weekly chart, the stock was at a very strong support of Rs 767-770 and this bounce can continue over the next couple of trading days."
"There would be a small correction and should be looked at from a buying opportunity perspective and not a trend reversal. I would look at buying the stock on any decline with a minimum target of Rs 1,000," he said.
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