Technical Analysis:RIL,Infy and ICICI Bank

ICICI Bank

ICICI Bank has been falling relentlessly from highs of 935 to low of 710. Yesterday's session stock showed a good upmove of 4% and breaking out of downward channel.

Stock looks ripe to touch the lower end of falling trendline at 792.

In Bear Market Stock which fall the most are the first one to rise and make a lower low.

Buy above 754 Tgt....

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Rgds,
Bramesh
09985711341

http://www.brameshtechanalysis.com/

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