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BUY ICICI BANK
TARGET: Rs 530
STOP LOSS: Rs 498
The stock is forming a higher top and higher bottom formation on the daily chart. It is also taking constant support of the centerline of the Bollinger band which is called the exponential moving average and is now heading towards the upper end of the band which is placed at Rs 530 levels. The momentum indicators and oscillators are in the buy mode on the weekly scales which hints at a further positive momentum in the counter.
BUY HDFC LIFE
TARGET: Rs 680
STOP LOSS: Rs 645
The stock has provided a
