Market Moov

Market down almost 500 point on Thursday noone seems buyer in market as market behave during session lot of large cap company share down by more then 7-8% , bank nifty go down at 8300 i suggest to buy banknifty put when its trading at high 9130 .

Market mood for Wednesday seems bearish even expiry noone interested to buy at lower level all this happen because of higher price of stocks even result are normal , sell ICICIBANK  if it go down 780 with stop loss of 787 for a price target of 715-680 coming days.

For more refrence you can watch my previous post 

Posted By : Manoj Bhalawat 

ICICI BANK LTD

ICICI BANK LTD  is one of top private sector bank in india also second in banking sector its known with name in 1626 branches all over and 4883 atm to provide best service all over in india as well in other country also

  under Chairmanship of MR. K.V.KAMATH and Managing Director and Chief Executive Officer  MS.CHANDA D. KOCHHAR brand ICICI famous.

as in my earlier post i told u about earning impact on private sector bank quarter result show as i feel before,

see http://manojbhalawat.blogspot.com/search/label/AXIS%20BANK

one can book profit from ICICIBANK and invest in psu sector bank like STATE BANK OF INDIA

for more detail about result one can go with link given

http://www.bseindia.com/qresann/results.asp?scripcd=532174&scripname=ICICI%20BANK%20LTD.&type=64&quarter=DQ2009-2010&ResType=&checkcons=

AXIS BANK

most awaiting result for the market is banking sector AXIS BANK  declare result , one of the top bank formaly known name as  UTI BANK (unit trust bank of india)


  result with good number but seems not much higher growth in private bank as lower intrest rates and fear in bank due to rise in npa make bank to step down in giving loan with soft hand impacted in grwoth and this result show some signal to bank like ICICIBANK,HDFC BANK, KOTAK MAHINDRA BANK ETC.

for more detail about result one can go with link given below
 http://www.bseindia.com/qresann/results.asp?scripcd=532215&scripname=AXIS%20BANK%20LTD.&type=64&quarter=DQ2009-2010&ResType=&checkcons=