ICICI Bank - Consolidation

ICICI Bank has consolidated in 340-345 range. Even when bank nifty was falling, this stock held its range and didn't fall further. I think this is a sign of bull run that is going to start once negative sentiment wipes off from the market.
At this price, one can blindly take a position for the long term. If global sentiments are positive, we can see positive movement in this from 4th August. I have taken a position in this and willing to hold it for a month.