September 01, 2017
ICICIPRULI (NSE Cash)
435 - 439
14 - 21 sessions
Completion of recent
(Time: 12.00 IST)
We witnessed a good price appreciation in this stock immediately post its inception. However, the counter slipped into a
consolidation mode after posting a new high of 505.79 in the month of July. The stock spent some time around 420 - 425 as
the key short term moving average (89) provided a rock solid support in the recent correction. Today, we are witnessing a good
positive traction along with tremendous buying interest in the stock. Considering the ‘u-turn’ in daily ‘RSI-Smoothened’, we
expect the stock prices to resume its higher degree uptrend.
we recommend buying this stock at current levels and
on corrections up to
435 for a target of
469 over the next 14 - 21 sessions. The stop loss should be fixed at
022-3935 7600 Extn: 6552
September 01, 2017
Last 6 recommendations
CMP Target 1 Target 2 Stop-loss
386 - 389
1170 - 1178
143 - 145
178 - 180
Booked Profit at 191.50
815 - 820
853 - 862
Source: Angel Research
Research Team Tel: 022 - 4000 3600
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