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20 December 2010

ICICI Bank


The stock is correcting from a level of 1278.It is trading in the downwards channcl. It has corrected almost 23.6%. Todays closing is below 100 day moving average untill it trades above it's 200 day simple moving average, there is no need to worry. The immediate support for this stock is at 997.47. Both RSI and MACD are bearish as they are trading below 50 line and zero line respectively.

The market cap of the stock is 126522.25. The PE Ratio of the stock is 28.96 and that of industry is 28.49. The EPS of the stock is 37.96.

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