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MTECHTIPS:-    ICICIBANK:-     ICICIBANK is in HOLD LONG position In short term share is in strong up trend so hold with stop at 273 The ICICIBANK is now trading in highly overbought level. The oscillator is showing SELL signal.The short term buy signal is supported by 50 % indicators.
Intraday trend-is in intraday buy level better buy above 290 or in low buy above 281.3 Target is 293.8 next 300.1 Below 277.5 trend reversal can occur so keep long stop at 277.5 The intraday signal is BUY and it is supported by 88 % indicators.