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ICICI Bank can slip to Rs 305-315: E Mathew

This article was posted on Jan 23, 2009 and is filed under Stock Views

Technical Analyst, E Mathew is of the view that ICICI Bank can slip to as low as Rs 305-315.

Mathew told CNBC-TV18, “ICICI Bank was one stock which was showing some signs of strength. Today an important 13-30 moving average crossover has taken place and sure enough people have latched on to this also and they are going hammer and tongs at this. I wouldn’t be surprised if ICICI slips to as low as Rs 305-315 also.”

source: moneycontrol

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