ICICI Bank Technical Analysis : Trend Support & Resistance

Name : ICICI Bank Limited

NSE Symbol : ICICIBANK | BSE Code : 532174

Sector : Banking – Private Sector Bank

Dear Investors,

ICICI Bank Limited is a leading Indian private sector bank providing retail banking corporate banking loans deposits credit cards and digital financial services. Its performance depends on credit growth deposit mobilisation interest margins asset quality and economic conditions.

Financial Performance :

During FY2022 to FY2026 consolidated revenue increased from ₹95407 crore to ₹195218 crore. Revenue rose to ₹121067 crore in FY2023 and ₹159516 crore in FY2024 before reaching ₹186331 crore in FY2025. This reflects sustained expansion in business operations.

Net profit increased from ₹26538 crore in FY2022 to ₹35461 crore in FY2023 and ₹46081 crore in FY2024. It advanced to ₹54569 crore in FY2025 and ₹57936 crore in FY2026. Despite earnings growth investors should monitor deposit costs credit quality and net interest margins as these factors influence future profitability.

Market trend :

ICICI Bank shares experienced selling pressure during the early session on 26 October 2026 declining to an intraday low of ₹1378.70 from an opening price of ₹1394.20. The decline reflected short-term weakness although the share subsequently recovered towards ₹1402. The stock remains below its 52-week high of ₹1480 indicating scope for continued price fluctuations.

Immediate support may emerge near ₹1380 while resistance is observed around ₹1406 and ₹1419. A sustained move below support could indicate further weakness whereas a recovery above resistance may improve momentum. These levels are indicative and can change with market conditions.

Risk fector :

Key risks include rising deposit costs pressure on net interest margins deterioration in asset quality and slower credit growth. Regulatory changes and competition may affect profitability. Economic uncertainty can weaken loan demand and repayment capacity. Short-term price volatility may continue amid changing market sentiment. Technical levels are not guaranteed and should be reassessed using updated exchange data.

Recommendation : Neutral Editorial Assessment – No Buy / Sell Recommendation.

Report Date : 26 October 2026 | Monday