ICICI Bank has resistance at Rs 1090-1100: Harchekar

ICICI Bank has resistance at Rs 1090-1100, says Amit Harchekar, Sr Technical Analyst -CMT, India Private Client, IIFL.

Harchekar told CNBC-TV18, "We have already seen good pullback in CNX bank index especially from the support levels of 10,700. If you look at right now most of the banks are now trading at a resistance levels. Today if you look at the upmove in the market, it was mainly contributed by upmove in CNX IT, while banking stocks were trading on a sideways note.