Below Rs 690, ICICI Bank may test Rs 660-630: Manghnani

Below Rs 690, ICICI Bank may test Rs 660-630, says Anil Manghnani, Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "ICICI Bank is very close to a major support. At Rs 690-695 there is a major moving average, I think it's a monthly average, so it's right there. As long as it holds, it's good for the stock but if it starts to close below Rs 690 then you are opening up some serious downside closer to Rs 660-630 range. So that