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Rakesh Madhav CFA

23rd Jul 2025 Β· SEBI-Registered Analyst

🚨 [Update] ICICI Bank – Breakout Confirmed! 🚨

ICICIBANK
πŸ“CMP: β‚Ή1488.60 | πŸ“† Expiry: 31st July We had already alerted about the potential breakout in ICICI Bank β€” and it’s now playing out exactly as expected! πŸ“ˆ After weeks of tight consolidation, the stock has broken out above the β‚Ή1460 range with strong volumes and positive options data support. πŸ” Quick Technical Snapshot: βœ… Breakout above key resistance zone β‚Ή1450–1460 πŸ“Š Heavy Put writing at 1470–1480, Call unwinding at 1490 πŸ’ͺ RSI near 68 – strong but not overbought πŸ”Ό Momentum clearly favoring bulls 🎯 Levels to Watch: Support: β‚Ή1450–1460 Target 1: β‚Ή1510 Target 2: β‚Ή1530 πŸ”„ View: Buy on dips above β‚Ή1460 This breakout validates our early alert. Keep tracking for further upside! πŸ“Š

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