Sunday, November 22, 02:39 am IST
Hot Searches:  mukesh ambanisugarforbes rich list
| Feedback
Moneycontrol » News Center » Stocks » Expert Advic
Don't buy ICICI Bank: Sukhani
Published on Fri, Oct 03, 2008 at 14:49   |  Updated at Fri, Oct 03, 2008 at 16:40  |  Source : CNBC-TV18

Technical Analyst, Sudarshan Sukhani is of the view that one shouldn't buy ICICI Bank.

Sukhani told CNBC-TV18, "There is no support in Reliance and obviously we can have different views. So it is like the Nifty, it will stop wherever it wants, I wouldn’t bank on buying at Rs 1,740 that’s what it means."
 
He further added, "ICICI Bank is now getting into an area where it gets ready for a very sharp upside bounce. So you don’t buy it now but investors and traders need to watch it carefully for any sign of strength."
 
"
Bharti remains in a trading range, it’s a 5% cut but it is still inside a range. It is not going to go much lower; it is not going to go higher either. So it’s not a trading opportunity."


Disclosure: Analyst doesn't hold the above stocks.

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
Stock Advice
Anand Rathi Securities
Indiabulls Securities Research
Indiabulls Securities Research
 
 
 
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
©Network 18, 2009. All Rights Reserved