ICICI Bank

ICICI BankIn ICICI BANK time & price are going to meet each other at 934-936. The current trend in this counter must change now. A long trade must be taken in ICICI Bank @ 934 (On closing basis) with stop-loss @ 930 on closing basis. Targets are 940, 993, 1026-1031, 1050, 1083, 1134(important level), 1160-1165.
And
A close below 930 may take this counter to 904, 873, 851(an important support level).

Nifty Spot 22/07/2013 to 26/07/2013

Niftyspot view remains same as in the last week.

Nifty Spot (15/07/2013 - 19/07/2013)

Nifty Spot (15/07/2013 - 19/07/2013)

Nifty Spot may find resistance near 6043 to 6061 levels. A short must be initiated in Nifty ate these levels with stop-loss @ 6075 on closing basis. Targets are 6043, 6009, 5951, 5898, 5864, 5787-5770, 5743-5733.
And
Initiate longs if Nifty gives a close above 6075 with stop-loss @ 6061 on closing basis. Targets are 6143, 6197, 6230, 6288