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Support:

Strong Financial Base: ICICI Bank’s solid balance sheet, including healthy asset quality and capital adequacy ratios, provides financial support during economic fluctuations.
Diversified Revenue Streams: Revenue from retail, corporate, and investment banking reduces reliance on any single segment, offering stability.

Resistance:

Credit Risk Exposure: High levels of non-performing assets (NPAs) or potential loan defaults can act as resistance to financial stability and profitability.
Economic Downturns: Broader economic slowdowns or financial crises can negatively impact financial performance and increase risks.

Resistance Levels:
R1: ₹1,245.82
R2: ₹1,259.55
R3: ₹1,275.00

Support Levels:

S1: ₹1,230.00
S2: ₹1,215.00
S3: ₹1,200.00
Chart PatternsICICIBANKLONGsupportSupport and ResistancetradeTrend Analysis

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