Stock market today: ICICI Bank share price to give more than 10 pct returns in 15 days, say experts

Stock market today: The banking stocks have given a good show after the FIIs going positive towards the Indian markets. This FIIs sentiment is mainly fuelled by the budget surcharge waiver that was announced last fortnight. As per the stock market experts, on which shares to buy today, they said that banking and financial stocks are expected to go high and in the coming fortnight there are a few shares that can give more than 10 per cent returns and ICICI Bank shares are one of them. As per the share market experts, the ICICI Bank share price is expected to showcase Rs 465 per stock levels in next 15 days. Currently, it is oscillating around Rs 411 levels, means it can go up to near 13 per cent in next fifteen trading sessions, say experts.

Speaking on the ICICI Bank share price Prakash Pandey, MD & CEO at Plutus said, "The ICICI Bank is poised to go upward as it's 200 days exponential average and 63 days exponential moving average shows an upside swing in the counter. The ICICI Bank counter is expected to go around 465 per stock levels in a fortnight and hence I recommend stock market investors to take a buy position in the counter at current levels, which is at around Rs 411 per stocks." However, Pandey advised investors to maintain a stop loss of Rs 372 and keep on adding if the ICICI Bank share price declines around 10-15 rupee from the current levels.

See Zee Business Live TV streaming below:

Asked about the technical aspects involved in the ICICI Bank share price SEBI registered technical equity analyst Simi Bhaumik said, "The ICICI Bank shares were among those stocks that received the maximum beating in a recent selloff triggered by the FIIs. So, when we look at the ICICI Bank share charts, the counter looks promising and showing an upside momentum for sharp gains."