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|ICICI Bank share price target updated for 12th October 2018|
ICICI Bank finding strong 50% fibonacci retracement resistance around 323, close watch for todays trading 12-10-2018, stock can see intraday price rise once it breaks and holds above 323.
As per latest report on 12th October 2018, “ICICI Bank USD CDS has moved up to a two-year high, on concerns over recent news flows in addition to the global risk-off sentiment,” said Joydeep Sen, consultant with PhillipCapital India. “In the short run, markets move on sentiments. Over a period of time, they will realise that the bank is not about an individual. Concerns on corporate governance and, consequently, CDS spreads will ease.”