[January 20, 2012] ICICI Bank Up 21.3% Since SmarTrend Uptrend Call (IBN) Tweet Jan 20, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ICICI Bank (NYSE:IBN) on January 3rd, 2012 at $27.84. In approximately 2 weeks, ICICI Bank has returned 21.26% as of today's recent price of $33.76. In the past 52 weeks, ICICI Bank share prices have been bracketed by a low of $24.14 and a high of $51.50 and are now at $33.76, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.7%. ICICI Bank Limited operates a network of bank's located throughout India. The Group specializes in retail and corporate banking, in addition to Forex and treasury operations. ICICI Bank also provides a wide variety of investment banking, insurance and financial services to its clients. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ICICI Bank shares.Log in and add ICICI Bank (IBN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]