ICICIBANK // levels

As of January 1, 2025, ICICI Bank Limited (ICICIBANK) is exhibiting the following support and resistance levels:

Support Levels:

Immediate Support: ₹1,278 – ₹1,274

Next Support: ₹1,268

These levels suggest that if the stock price declines below ₹1,278, it may find support around ₹1,268.

Resistance Levels:

Immediate Resistance: ₹1,288 – ₹1,294

Next Resistance: ₹1,298

If the stock price surpasses ₹1,294, it could encounter resistance near ₹1,298.

These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.

For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful: