OneBull / Tashwani, Is it your gut feel /opinion or your chart are giving these signals/price levels..
ICICI has support level around 330 and 300 as per charts. That is where price has taken turn (i.e. Bears lost the battle and bulls took the control ) So untill they are not taken out, the stock is not going down.. Resistance are at 450 / 550 levels. Stochasitcs are in oversold area.. indicating the selloff has already taken place..
Generally novice traders make the mistake of selling after selloffs and buying after the rally has already taken place..
So, read the chart.. and take practicle trading decision..
Happy Trading