#1
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![]() Icici Bank Ltd (IBN) is one of the top 5 rated companies in the Diversified Banks Industry. Currently the stock is sitting at long term support, which is where big institution like to make their purchases. On January 14th Tim Seymour, one of the hosts at Fast Money, commented that he liked the stock at this level. A good strategy to get in this stock would be to wait for a bounce off of this support level and ride it for a couple of months. Read the rest of the post at: |
#2
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![]() Icici Bank Ltd. (IBN) is an Indian stock that has taken a beating since November last year. The stock was down as much as 27% since its highest point in the beginning of November, but now it look like big money is slowly moving back into the stock. Just look at today's action in the following chart: |
#3
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![]() Inflation is rising, U.S. economy continues to lag, and interest rates are at record low. So, where do you keep your money? After a correction of more than 20% in emerging markets, these stocks now look very attractive. Icici Bank Ltd. (IBN), for example, has risen 6% since I last brought it up. In fact, if you had bought this stock using options, you would be sitting right now on a nice 50% Return. Don't know how to use options? . |
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