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Buy ICICI Bank on dips: Ravi Nathani

SI Reporter/Mumbai 31 Jul 12 | 08:42 AM

NIFTY CMP 5200

Near Term on Charts: Strong resistance is expected at 5260. Best trading strategy would be sell on rise. Intraday trading Levels Buy Above: 5218 Resistance 5229 | 5247 | 5277 Sell Below: 5182 Support 5170 | 5152 | 5123.
              
BANKINDIA CMP 296.35

Near Term on Charts: Near term trend is down best trading strategy would be sell on rise. Intraday trading Levels Buy Above: 298 Resistance 300 | 302 | 305 Sell Below: 294 Support 293 | 291 | 288.
              
AXISBANK CMP 1040.35

Near Term on Charts: Range bound on charts (1049 - 1012) close above / below would add trigger in the direction.
Intraday trading Levels Buy Above: 1050 Resistance 1056 | 1065 | 1080 Sell Below: 1031 Support 1025 | 1016 | 1000.
              
ICICIBANK CMP 964.50

Near Term on Charts: is up on charts, best trading strategy would be buy on dips with a target expected off 990. Intraday trading Levels Buy Above: 971 Resistance 975 | 981 | 991 Sell Below: 958 Support 954 | 948 | 938.

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