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Is ICICI Bank ready for next move ?

Submitted by savita on September 11, 2009 - 03:31

Submitted by SHREEHARSHA on September 11, 2009 - 09:47. #

Hi,

Feel it will open around 820 and head towards 850 in short time today.

Cheers..

Submitted by savita on September 11, 2009 - 03:41. #

After trading for almost 2 month within tight range ICICI is getting ready for next move. Only problem .. volume is lacking. Look at attached chart. I don't see a huge volume. That means lack of commitment . Should you trade this stock yet. I don't think so. Wait for upswing with good volume. I know you enter the stock at higher level , but its better to buy expensive stock and make money then buying cheap stock and loosing ..

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