ICICIBANK 1D Time frame

₹1,345.80 (NSE)

Day’s Range: ₹1,342.60 – ₹1,356.60

52-Week Range: ₹1,186.00 – ₹1,500.00

📉 Technical Overview

Trend: The stock is trading below its 200-day moving average, indicating a mildly bearish trend.

RSI: Currently at 26.6, suggesting the stock is in the oversold zone.

MACD: At -10.01, reinforcing the bearish momentum.

Moving Averages: A strong sell signal is indicated, with 0 buy signals and 12 sell signals across various timeframes.

🔼 Potential Upside (Rise)

Immediate Resistance: ₹1,355 – ₹1,365

Breakout Target: Above ₹1,365, the next resistance is around ₹1,380 – ₹1,390.

Bullish Confirmation: A close above ₹1,390 could signal a reversal or consolidation.

🔽 Potential Downside (Fall)

Immediate Support: ₹1,340 – ₹1,330

Breakdown Target: Below ₹1,330, the stock may test ₹1,310 – ₹1,300.

Bearish Confirmation: A close below ₹1,300 would strengthen the bearish outlook.

✅ Summary

Above ₹1,365: Potential rise toward ₹1,380 – ₹1,390.

Below ₹1,330: Potential fall toward ₹1,310 – ₹1,300.

Between ₹1,330 – ₹1,365: Likely range-bound movement.