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ICICIBANKMARKET OUTLOOKSTOCK OUTLOOK

ICICI Bank Outlook for the Week (January 29, 2024 – February 02, 2024)

ICICI Bank
ICICI Bank
ICICI Bank closed the previous week on a negative note losing 6.73%.

Technically, ICICI Bank share price will see immediate support at 978.93 and immediate resistance would be seen at 1,050.18.

If ICICI Bank share price closes below immediate support of 978.93, then sharp breakdown can be seen. ICICI Bank share price will see major support at 947.92 for the week.

On the positive side, immediate resistance will be seen at 1,050.18. Closing above 1,050.18, ICICI Bank share price will see a sharp breakout. Major resistance for ICICI Bank share price will be seen at 1,090.42 for the week.

Trading range for ICICI Bank share price for this week should be between 907.68 on down side and 1,121.43 on up side.

ICICI Bank Previous Week High: 1059.4

ICICI Bank Previous Week Low: 988.15

ICICI Bank Previous Week Range: 71.25 Points

ICICI Bank share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 1,121.43
Resistance 2 1,090.42
Resistance 1 1,050.18
Support 1 978.93
Support 2 947.92
Support 3 907.68
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