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Last Updated : Sep 26, 2016 03:10 PM IST | Source: CNBC-TV18

Short ICICI Bank on rallies: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one may short ICICI Bank on rallies.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I would look at ICICI Bank. That is looking weak to me. When I look at the chart, it tells me I am going down. It has got tired in the upper regions and that is all it is. Short if you get rallies and short maybe if you can see a level closer to Rs 255, stop loss Rs 270."

At 14:59 hrs ICICI Bank was quoting at Rs 263.65, down Rs 8.15, or 3.00 percent on the BSE.
First Published on Sep 26, 2016 03:09 pm
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