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Icici Ready to test 1300

Buy ICICI at 1420 ~ 1430

SL below 1420

TP 1550

Stocks to Focus on 5th Jun 2025

Stock: ICICI BANK

Buy at *1430

Target *1470

Stop Loss: 20pts

Time Frame- DAILY

#ICICIBANK

TechnicalExpress

ICICIBANK

As of May 9, 2025, ICICI Bank Ltd. (NSE: ICICIBANK) closed at ₹1,388.90. Here are the key daily support and resistance levels based on various technical analyses:

📊 Daily Support & Resistance Levels
Standard Pivot Points
Pivot Point: ₹1,410.20

Support Levels:
S1: ₹1,398.60
S2: ₹1,377.30
S3: ₹1,365.70

Resistance Levels:
R1: ₹1,431.50
R2: ₹1,443.10
R3: ₹1,464.40

Fibonacci Levels
Pivot Point: ₹1,398.60

Support Levels:
S1: ₹1,386.03
S2: ₹1,378.27
S3: ₹1,365.70

Resistance Levels:
R1: ₹1,411.17
R2: ₹1,418.93
R3: ₹1,431.50

Camarilla Levels
Support Levels:
S1: ₹1,382.87
S2: ₹1,379.85
S3: ₹1,370.81

Resistance Levels:
R1: ₹1,394.93
R2: ₹1,397.95
R3: ₹1,407.00

Woodie's Levels
Pivot Point: ₹1,405.35

Support Levels:
S1: ₹1,396.18
S2: ₹1,372.45

Resistance Levels:
R1: ₹1,429.08
R2: ₹1,438.25

Demark Levels
Support Level:
S1: ₹1,371.50

Resistance Level:
R1: ₹1,404.40

🔍 Observations
The stock is currently trading below the Standard Pivot Point of ₹1,410.20, indicating potential bearish sentiment.

Immediate support is observed around ₹1,398.60 (Standard S1) and ₹1,386.03 (Fibonacci S1).

Resistance levels to watch include ₹1,411.17 (Fibonacci R1) and ₹1,431.50 (Standard R1).

Ashwani123

ICICIBANK

ICICI Bank (1D) Technical View

▲ Pattern Formed:
*Ascending Triangle Breakout - strong bullish continuation pattern
Intraday Buy Entry: *1,435-*1,440

Target Price: *1,465

Stop Loss: *1,422

? Breakout above multi-top resistance zone with strong volume confirmation signals momentum.

Risk-reward is favorable for intraday trade.

Ashwani123

ICICIBANK LTD

As of May 2, 2025, the 15-minute intraday chart for ICICI Bank Ltd (NSE: ICICIBANK) indicates a bullish trend, with the stock trading at ₹1,250.05, up 0.49% for the day.

📈 Key Technical Levels
Resistance Levels:
R1: ₹1,245.82
R2: ₹1,259.55
R3: ₹1,275.00

Support Levels:
S1: ₹1,230.00
S2: ₹1,215.00
S3: ₹1,200.00

These levels are derived from recent price action and volume analysis, indicating potential breakout points and areas where the stock may find support.

📊 Chart Patterns
A recent Cup and Handle pattern has been observed, with the price breaking out from the handle formation. The measured move suggests a potential target of ₹1,342.35, contingent upon sustained volume and price momentum.

🔍 Market Sentiment
ICICI Bank's stock has shown resilience, with a 1.80% increase over the past week and a 16.05% rise over the past year. Analysts maintain a positive outlook, with price targets ranging from ₹1,290 to ₹1,675.

Ashwani123

ICICIBANK

As of May 1, 2025, at 10:08 AM IST, ICICI Bank Ltd (NSE: ICICIBANK) is trading at ₹1,266.75. Based on recent technical analysis, here are the key support and resistance levels for the stock on a 4-hour (4H) chart:

📊 4-Hour Support and Resistance Levels
Immediate Support Levels:
₹1,266.75 (current price)
₹1,258.00
₹1,248.00

Immediate Resistance Levels:
₹1,278.00
₹1,288.00
₹1,298.00

These levels suggest that if the stock price declines below ₹1,266.75, it may find support around ₹1,258.00 and ₹1,248.00. Conversely, if the price rises above ₹1,278.00, it could encounter resistance near ₹1,288.00 and ₹1,298.00.

🔍 Technical Indicators
ADX (Average Directional Index): 17.73 – indicates a weak trend.

RSI (Relative Strength Index): 55.87 – suggests neutral momentum.

MACD (Moving Average Convergence Divergence): 11.45 – indicates a positive trend.

CCI (Commodity Channel Index): 88.61 – suggests the stock is in an uptrend.

These indicators suggest a neutral to slightly bullish outlook for ICICI Bank in the short term.