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ICICIBANKMARKET OUTLOOKSTOCK OUTLOOK

ICICI Bank Outlook for the Week (October 16, 2023 – October 20, 2023)

ICICI Bank
ICICI Bank
ICICI Bank closed the previous week on a negative note losing 2.68%.

Technically, ICICI Bank share price will see immediate support at 937.72 and immediate resistance would be seen at 963.47.

If ICICI Bank share price closes below immediate support of 937.72, then sharp breakdown can be seen. ICICI Bank share price will see major support at 924.13 for the week.

On the positive side, immediate resistance will be seen at 963.47. Closing above 963.47, ICICI Bank share price will see a sharp breakout. Major resistance for ICICI Bank share price will be seen at 975.63 for the week.

Trading range for ICICI Bank share price for this week should be between 911.97 on down side and 989.22 on up side.

ICICI Bank Previous Week High: 962.05

ICICI Bank Previous Week Low: 936.3

ICICI Bank Previous Week Range: 25.75 Points

ICICI Bank share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 989.22
Resistance 2 975.63
Resistance 1 963.47
Support 1 937.72
Support 2 924.13
Support 3 911.97
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{"buy_point":[{"en_ltd":"2023-10-06","en_sup_p_91":"944.66","en_sup_t_91":"928.57","prev_close":"940.85","en_close":"945.20","new_date":"Oct 6","prev_close_no":940},{"en_ltd":"2023-09-11","en_sup_p_91":"973.89","en_sup_t_91":"961.94","prev_close":"970.55","en_close":"978.25","new_date":"Sep 11","prev_close_no":970}],"sell_point":[{"en_ltd":"2023-09-21","en_sup_p_91":"979.76","en_sup_t_91":"984.91","prev_close":"987.15","en_close":"959.30","new_date":"Sep 21","prev_close_no":987}]}

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