ICICI Bank can touch Rs 460: Gujral

Published on Mon, Oct 13, 2008 at 21:12 |  Source : CNBC-TV18

Updated at Tue, Oct 14, 2008 at 13:22  

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Ashwani Gujral, Technical Analyst,

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Technical Analyst, Ashwani Gujral is of the view that ICICI Bank can touch Rs 460.

Gujral told CNBC-TV18, "ICICI Bank is likely to pullback probably towards Rs 460 but from Rs 460 we will have to see if it can go much further. It needs to make a large base before it can move up sustainably. So I would expect that it will come back to Rs 360-400 sort of levels before it can move up substantially higher."

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 453.50 456.40 2.90 0.64
5-Days 490.45 456.40 -34.05 -6.94
7-Days 490.45 456.40 -34.05 -6.94
15-Days 493.30 456.40 -36.90 -7.48
1-Month 627.90 456.40 -171.50 -27.31
3-Month 579.85 456.40 -123.45 -21.29
6-Month 806.90 456.40 -350.50 -43.44
9-Month 1408.50 456.40 -952.10 -67.60
1-Year 1096.70 456.40 -640.30 -58.38

 

 

 

 

 

 

 

 

 

 

Currently -68.85% below the 52-week high of 1,465.00
Currently 39.7% above the 52-week low of 326.70

  

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