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Technicals for ICICI Bank Limited
By MusingTheNews
2025-12-12 20:38
Overall Technical outlook
Price Summary
ICICI Bank Limited's stock started the year at 1363.7, climbed to a high of 1366.6, fell to 1352.8, and closed -0.27% down at 1360.0, with 6734576 shares traded on 2025-12-11. During the 52-week span, the stock hit a high of 1488.6 and a low of 1196.15. Based on recommendations from 39 analysts, the future price of ICICIBANK is expected to range from 1440.0 to 1910.0, with an average price expectation around 1690.8206.
Technicals
Support and Resistance: With the current price at 1360.0, support is found at 1348.0 and resistance at 1375.9. These levels indicate where buyers might step in at 1348.0, while sellers could limit gains at 1375.9, defining a trading boundary for ICICI Bank Limited. Support/Resistance for ICICIBANK
Aroon: AROON is reflecting a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining low for ICICI Bank Limited. This suggests that the downward trend is likely to continue, signaling sustained bearish momentum. The low level of the Aroon Oscillator indicates that the market may face further declines. Aroon chart for ICICI Bank Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for ICICI Bank Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for ICICIBANK. Parabolic Stop and Reverse chart for ICICI Bank Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for ICICI Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for ICICI Bank Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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