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Abhishek Karande positive on ICICI Bank

Abhishek Karande of SBICAP Securities is positive on ICICI Bank.

January 21, 2014 / 18:11 IST
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Abhishek Karande of SBICAP Securities told CNBC-TV18, "ICICI Bank today has confirmed a falling wage breakout on the daily charts. So there is a very good possibility that the stock can move up to 5-6 percent in a couple of trading sessions. So we can bet positive on ICICI Bank as of now."

The share touched its 52-week high Rs 1,236.90 and 52-week low Rs 758.80 on 28 May, 2013 and 28 August, 2013, respectively.

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Disclosure: He may have recommended the above stock to his clients as a part of their holdings. 

first published: Jan 21, 2014 06:06 pm

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