Thursday, December 17, 2009

ICICI Bank: An appealing opprtunity! Sensex: Ready to Crack

Sensex


Banking and Realty sectors have already given a breakdown. Sensex is ready to crack
We are expecting a gap down opening for Sensex tomorrow and it should then move impulsively down
This time we are not expecting any bounce back as last few sessions. Let prices give a confirmation by closing below the trendline
Lets wait and watch!
ICICI Bank

Sell ICICI Bank with Stop loss of 885, First Target 700!
Prices shall now move down very fast in wave C

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