|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
Technical analysts say any rally in ICICI Bank provides an opportunity to exit the stock after the lender has made a head and shoulders technical pattern.
AK Prabhakar, an analyst at brokerage AnandRathi, says the stock could target 860 rupees from current levels after the H&S pattern.
ICICI shares last down 0.1 percent at 1020.30 rupees.
ICICI Bank touched a low of 866.75 rupees on Oct. 5, when a misplaced basket trade from a broker at Emkay Global Financial Services led to a market plunge.