Category Archives: Banking

ICBC Investor Update Q3 2016

Since the beginning of the year, recovery of the global economy underperformed expectations, as increased divergence between the macroeconomic policies of major economies and Brexit added to uncertainties in the global economy. Against such a background, the Chinese economy managed … Continue reading

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IFCI Trading – 05Oct2016

Buy IFCI at 26.65 for Target 28.65 with Stop Loss 25.00. That’s 2 points reward, 1.5 points risk. This trade may take 1-2 months. The uptrend from March has been broken but IFCI tends to bounce back from sharp corrections. … Continue reading

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ICICI Bank Trading – 05Aug2016

ICICI Bank stock remains in sell zone as of 05 Aug 2016. Buy zone will start above 250. The stock has a history of recovering sharply from oversold areas due to rapid short covering.

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