ICICIBANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.8

📊 Intraday Trading Analysis for ICICIBANK

ICICI Bank presents a moderately favorable setup for intraday trading today. While fundamentals are strong and volume is healthy, technical indicators suggest a range-bound bias with limited momentum.

🔍 Technical Snapshot

Price Action: ₹1,422 is slightly below the 50-DMA (₹1,424) but well above the 200-DMA (₹1,366) — mildly bullish.

RSI: 51.6 — neutral zone, no strong directional bias.

MACD: -4.31 — bearish crossover, momentum softening.

Volume: 85.17 lakh vs 1-week avg of 77.03 lakh — strong participation.

VWAP: ₹1,426.80 — price is slightly below VWAP, tactical entry possible.

🎯 Trade Setup

Parameter Value

Buy Zone ₹1,415–₹1,422 (near DMA support)

Profit Target ₹1,430–₹1,440 (VWAP breakout zone)

Stop Loss ₹1,405 (below intraday support)

📈 Exit Strategy (If Already Holding Today)

Exit on Strength: If price crosses ₹1,430 with rising volume and RSI > 55.

Exit on Weakness: If price drops below ₹1,405 with MACD widening negatively and volume fading.

VWAP Watch: Sustained trading below ₹1,426 signals weakness — consider trimming or exiting.

⚠️ Risk Factors

Valuation: P/E of 20.8 vs industry 12.6 — slightly expensive.

PEG Ratio: 0.78 — fair growth valuation.

Profit Growth: PAT up 15.4% QoQ — strong earnings momentum.

FII/DII Flow: Mixed — FII inflow (+0.94%), DII outflow (-0.86%).

Debt: High (5.67) — typical for banks but worth monitoring.

ROE/ROCE: Solid (17.8% / 7.61%) — operational strength.

ICICI Bank is suitable for disciplined intraday trades today. Momentum is soft, so avoid chasing breakouts and stick to tight entry/exit levels.

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