ICICI Bank has target of Rs 946: Bose

Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rajat K Bose See what other Experts & Brokerages are saying about ICICI Bank See messages about ICICI Bank ICICI Bank BSE | NSE 10/02/12 Are Mutual Funds betting on ICICI Bank?

Technical Analyst, Rajat K Bose is of the view that ICICI Bank , the next target would be something like Rs 946 for the short-term traders.

Bose told CNBC-TV18, "I track ICICI Bank pretty closely and I have given a buy call this morning on ICICI Bank that is the disclosure from my side. ICICI Bank is now trading above that critical level as per my studies is Rs 923 and it is closing above that so it looks pretty good. In fact the next target would be something like Rs 946 for the short-term traders and if it really stays above that then one might see it going upto something like Rs 972 to about Rs 991 but it depends if it were to really stay above Rs 946 then only those targets will be achieved."

Disclosure: It is safe to assume that analyst and his clients may have an interest in the stocks/sectors discussed.

 

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	878.35	928.70	50.35	5.73
5-Days	891.30	928.70	37.40	4.20
7-Days	918.85	928.70	9.85	1.07
15-Days	901.30	928.70	27.40	3.04
1-Month	806.90	928.70	121.80	15.09
3-Month	1162.35	928.70	-233.65	-20.10
6-Month	1277.90	928.70	-349.20	-27.33
9-Month	877.65	928.70	51.05	5.82
1-Year	870.05	928.70	58.65	6.74