Stock Views And Recommendations

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ICICI Bank Ltd(Hold)
Rs. 1128.40 12.80 (1.15%)
It is one of the outperformer in the Sensex and Nifty and recently its market cap has also crossed Rs. 1 lakh crore. New branch additions, working on CASA and credit/deposit ratio, and checking on NPAs, are working in the favour of the bank.

Videocon Industries Ltd(Hold)
Rs. 266.35 2.95 (1.12%)
The company was originally in home appliances but now has entered into oil and telecom verticals. It is looking to hive off communications business which could be an immediate trigger for the stock to hold on.

Tata Chemicals Ltd(Sell)
Rs. 415.90 4.10 (1.00%)
The stock may touch lifetime high of Rs. 440 by Diwali as the stock gets in a higher top and higher bottom kind of formation for the longer term. Even daily charts indicate that medium term trend is intact. Keep a stop loss of Rs. 390 and continue to hold with a target of Rs. 445.

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