ICICIBANK Reversal From Strong Support
ICICIBANK is consolidating after a recent decline, with strong support placed around ₹1,383 and deeper support near ₹1,340; the stock recently rebounded from these zones, showing buying interest at lower levels. Currently, it trades near ₹1,419, but upside momentum looks capped unless it sustains above ₹1,450–1,460, where previous supply zones exist. A breakdown below ₹1,383 could trigger further weakness toward ₹1,340, while holding above this level and crossing ₹1,460 may resume a recovery trend.
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