Indian Banking sector was also given some relief by reducing CRR ratio, repo rate
and the SLR whenever was needed.
Which in turn helped in nice swift rally in banking scripts.
ICICI bank saw handsome 300-500+ in a matter of approximately 2 months.
Hourly chart shows an impulse up ,Which is almost at its end.
We can witness good correction in this script from present levels.
Profit booking is advisable.
480 remains a good support.
Regards
Rish
RESEARCH REPORTS
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