ICICI Bank is showing signs of a potential reversal after a healthy retracement from its highs. The stock has rebounded from a strong multi-support zone aligned with the Ichimoku cloud and long-term trendline. A bullish divergence on RSI hints at renewed upside momentum — creating the kind of attractive swing trading setup detailed in our comprehensive strategies guide.
For investors refining how to analyse stocks technically, this chart offers a textbook example of mean reversion.
Traders can look to accumulate ICICIBANK in the ₹1,330–1,350 zone and expect upside targets of ₹1,430–1,520 over the next 6–8 weeks, with a stop loss below ₹1,255 on a closing basis.
Execution within this specific range is critical; understanding the market order vs limit order mechanics can help traders secure the ideal entry price.
💡 Learn to find more such setups with our swing trading guide to stay ahead of market opportunities.
Website: https://www.icicibank.com/
ICICI Bank is one of India’s largest private sector banks, offering a full spectrum of banking and financial services across retail, SME, corporate banking, insurance and digital platforms. With total assets of over ₹18 trillion as of March 2024 and a digital banking backbone (including the iMobile Pay app with 30 + million users) the bank is well-positioned in India’s growing financial services market. Its strengths lie in scale, diversified product portfolio and digital execution; risk factors include margin pressure (in a rising rate/cost environment), competitive intensity and credit growth sustainability.
Disclaimer: - Investments in securities market are subject to market risk, read all the related document carefully before investing. https://www.mnclgroup.com/research-disclaimer
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Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.
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Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Email for Grievance: grievances@mnclgroup.com
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Mechanism for addressing grievances and information about SCORES.
Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.
Mechanism for addressing grievances and information about SCORES.
Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014
(As per LODR Regulations and Companies Act, 2013)
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances : Mr. Nitesh Tanwar
Monarch Networth Capital Limited
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Phone: 022 - 66476400 / 66476405
Email: cs@mnclgroup.com
Email for Grievance: cs@mnclgroup.com
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(Formerly known as Link Intime India Private Limited)
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‘Investments in securities market are subject to market risks, read all the related documents carefully before investing.’
