ICICI Bank Price Forecast 2026 - 2027🏦 ICICI Bank: Wave ((V)) Developing - 1610 or 1752+ Next?
According to Elliott Wave Theory, the previous Wave ((IV)) appears to have completed around 268.30 in March 2020. From that low, NSE:ICICIBANK began a major advance that can be interpreted as the developing Wave ((V)).
The first leg of this larger advance, Wave (I) , developed from March 2020 to October 2021, reaching around 867 . A corrective Wave (II) then followed, ending around June 2022 near 642.15 .
⭕ Wave (III) — De
Icici
ICICIBANK - Inverted Head & Shoulder suggests 1450ICICI Bank has completed a clean Inverted Head and Shoulders pattern on the 4H chart, signalling a possible trend reversal after the recent downtrend. The left shoulder formed near 1360 , the head at 1317 , and the right shoulder at 1354 . All three points reflect stronger structure and consistent buying interest on dips. The stock has now crossed the neckline around 1387–1390 , a zone where it faced repeated rejection earlier. This breakout shows that buyers have finally taken control.
If
ICICI Bank Under Pressure: Breakdown Could Open ₹1,360–1,340ICICI Bank has been exhibiting persistent weakness over the past few sessions, underperforming relative to the broader market and showing clear signs of profit-booking. Despite being one of the stronger banking names in the past, the stock has recently struggled to sustain upward momentum, reflecting near-term bearish undertones.
Currently, ICICI Bank is trading around a crucial support band of ₹1,400–1,390. This zone has historically acted as a strong base, where buying interest has emerged in
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India’s Growing Derivatives Market & Weekly Expiries1. Introduction
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CENTURYPLY 1 Day ViewPrice Levels:
The stock was trading around ₹734.60, slightly down from the previous close of ₹735.60 (–0.14%)
Another snapshot shows ₹736.25 (with a range of ₹731.65 to ₹743.05)
These minor differences reflect changes across different timestamps and data sources—typical for live market quotes.
Daily Technical Indicators:
TradingView indicates a “Strong Sell” for moving averages and an overall “Sell” signal today on a 1-day timeframe
Investing.com mirrors this, also showing a “Strong Sel
Reliance 1 Day View Key Levels (1-Day Time Frame)
Based on data from Investing.com and Moneycontrol:
Day’s Range: ₹1,407.90 – ₹1,423.40
Recent Daily High (Aug 21): ₹1,431.90
Recent Daily Low (Aug 11): ₹1,361.20
From chart commentary (TradingView):
Support Zone: ₹1,385–1,400
Resistance Level: Around ₹1,423–1,431
Interpretation & Notes
Intraday activity shows movement between roughly ₹1,408 to ₹1,423.
A daily low near ₹1,408 may serve as short-term support; breaking below could test the ₹1,385–1,400 zone.
ICICI Bank A New Life Time HighICICI has made a new life time high.
It's now 1406
Its target could be 1500
But who ever wants to enter the rally should wait for it to retrace till 1350 and then check the price action.
If it gives bullish view enter with SL 1300 Target 1400 and Trail till 1500
If it gives bearish view then wait till 1200
25th Oct 2024 - IndusInd lower circuit, ICICI Bank will save us?BankNifty Stance Bearish ️⬇️
BN has fallen only 2.46% ~ 1283 points and is much better than Nifty on a relative basis. IndusInd Bank took a huge beating on Friday as it fell ~ 18.63% due to poor quarterly results. Indian stock markets are not used to such wild reactions, but if our markets start punishing stocks for bad results, I guess it is much better for the future. Ideally, such reactions on stock prices will keep the management on their toes to avoid poor results thereby helping them put i
20 Feb ’24 — Stance revised to bullish for BankNifty ⬆️⬆️⬆️BankNifty Analysis - Stance Bullish ⬆️
Yesterday we discussed the possibility of HDFC Bank making a move and quite fortunately that came true today. We rallied an impressive 769pts ~ 1.66% today to take out the first resistance (bearish trendline break). Would you believe the elephant jumped 2.63% today along with AXIS Bank 2.41%, Kotak Bank 1.8%. ICICI Bank & SBI was not that stimulated today, even then we managed to rally hard today. Notice the blue-encircled regions where we spent time today
19 Feb ’24 — A New All-Time Highs - 22186 Nifty50 ⬆️⬆️⬆️Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “From 15th Dec 2023 to 15th Feb 2024 — Nifty was in a narrow range of 21491 to 21913 with a couple of false breakouts/breakdowns. So we are keeping our fingers crossed this time to validate whether it works out. One way to do that is to check for follow-through price action. Blips do not last that long and we usually fall below the resistance (just like what happened on the last 2 occasions).”
4mts chart
The price action today was tota
23 Jan ’24 — Almost 1700pts fall + Support break - Bear Attack?BankNifty Analysis - Stance Bearish ⬇️
Banknifty fell an unbelievable 1696pts ~ 3.64% from the HOD to the LOD. As usual, the gap-up of 472pts would have painted the wrong picture today especially when the Traders came ready to play ICICI on the long side. Never in the day, we got a bullish signal today - it was a one way journey from that gap-up to the low of the day.
4mts chart
The candle right at the support level of 45399 was the strongest - 215pts fall. This shows the strength the big-b
20 Jan ’24 — Will Quarterly results help the BankNifty bulls?BankNifty Analysis - Stance Bearish ⬇️
For some or the other reason, the 4mts & 63mts charts are not visible on TradingView. It may be due to this unscheduled working day and they might be facing issues with data feeds from vendors. We had a bearish view yesterday also and despite BN ending the day today with 357pts ~ 0.78% we are still maintaining the bearish stance.
16mts chart
A shallow support and resistance zone has formed between 45609 and 46025. The first critical support is unchanged
18th Dec ’23 - BankNifty stance changed from bullish to neutral BankNifty Analysis
We got some interesting moves today by BankNifty. During pre-open ICICI bank was looking very weak but other banks were looking okay. But once markets opened - BN fell to 47810 by 09.19. The 2 horizontal blue lines I have drawn are the weak support and resistance lines from the last 2 days of action. BN went above the 47873 and was trading above that for most of the time.
4mts chart link - click here
We got one hit at 13.11 and the 2nd one by 14.43. After the 2nd hit, BN b
ICICI BANK ( Looking to invest 💥)Add this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "972" .
Trade carefully untill ENTRY level.
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Entry: 972
target: 975 - 985
sl: 965 -960
major stoploss/ support: 960
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updat
23rd Oct ’23 - BankNifty is well below the 28th June levelsBankNifty Analysis
BankNifty on the other hand had a gap up open, thanks to the excellent results from ICICI Bank. To a great extent, BankNifty resisted the down move on Nifty. Even till 13.55, it was only 0.17% below the previous close.
But right after that, it fell like a house of cards. Whatever support ICICI gave till then was undone. ICICI ended up closing negative 0.3%, remember that it stayed green till 14.55. An intraday swing of 2.06%.
BankNifty also broke 2 supports today, 43404 and























