As per views of Karvy Stock Broking Limited, day traders can buy ICICI Bank stock, as it is a brilliant option for intraday dealings.

Traders can purchase ICICI Bank stock between Rs 815-820 to achieve a target of Rs 850. If the stock market remains positive, the next target for the day will be above Rs above 852. The stop loss marked for the suggested stock is Rs 800.

Shares of the bank, on Wednesday, closed at Rs 836.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 964279. The share price has seen a 52-week high of Rs 1465 and a low of Rs 720 on BSE.

According to Karvy, the stock will achieve the target price as the banking institution has good growth prospects.

Besides, ICICI Bank has made announcement about the launching of the `Global Indian Account` facility. The facility being the first of its kind in India addresses the comprehensive banking needs of Indians moving overseas. These customers, prior to their departure from India, will have a bank kit comprising the host country bank account, debit card and internet banking deliverables, subject to regulatory requirements.

The Global Indian Account facility will be available for Indians moving to UK, US and Canada for work, study or immigration. Customers will have the opportunity to complete the documentation required for the host country account in India itself. Together with this account, they would also obtain a non-resident rupee account in India that would help direct money transfers between their host country account and their India account. This would help them manage their India banking requirements when away from India.

Other stocks from the same sector that looks good for short-term trading includes HDFC Bank, AXIS Bank and YES Bank.