MTECHTIPS:- ICICIBANK

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MTECHTIPS:-     ICICIBANK:-        ICICIBANK closed above 1 week high with volume signals up breakoutCurrently ICICIBANK is in HOLD LONG position In short term share is in strong up trend so hold with stop at 276 The ICICIBANK is now trading in highly oversold level. The oscillator is showing BUY signal .The short term buy signal is supported by 88 % indicators.
Intraday trend-is in intraday buy level better buy above 293 or in low buy above 282.9 Target is 297.4 next 304.9 Below 278.4 trend reversal can occur so keep long stop at 278.4 The intraday signal is BUY and it is supported by 85 % indicators. 

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