Remain invested in ICICI Bank, says Nooresh Merani

Nooresh Merani of Analyse India told CNBC-TV18, "If we look at ICICI Bank, over the last one year or a little more Rs 240-260 has been a good support zone. At the same time Rs 300-340 has been tough to cross on a sustaining basis but on the near-term charts as well as on long-term charts, ICICI Bank is looking good for the medium-term.""The investors can hold on with a view of one-two years and stick on to the stock at current levels. I can not make point on fundamentals but technically we are looking at a normalised scenario, nothing bad with ICICI Bank," he said.