ICICIBANK - Swing Trade Analysis with AI Signals
Last Updated Time : 20 Dec 25, 07:01 am
Back to Swing Trade ListSwing Trade Rating: 4.0
| Stock Code | ICICIBANK | Market Cap | 9,68,240 Cr. | Current Price | 1,354 ₹ | High / Low | 1,500 ₹ |
| Stock P/E | 19.6 | Book Value | 433 ₹ | Dividend Yield | 0.81 % | ROCE | 7.61 % |
| ROE | 17.8 % | Face Value | 2.00 ₹ | DMA 50 | 1,376 ₹ | DMA 200 | 1,369 ₹ |
| Chg in FII Hold | -1.21 % | Chg in DII Hold | 1.15 % | PAT Qtr | 12,359 Cr. | PAT Prev Qtr | 12,768 Cr. |
| RSI | 43.2 | MACD | -3.86 | Volume | 82,91,310 | Avg Vol 1Wk | 90,10,545 |
| Low price | 1,186 ₹ | High price | 1,500 ₹ | PEG Ratio | 0.74 | Debt to equity | 5.58 |
| 52w Index | 53.6 % | Qtr Profit Var | 5.22 % | EPS | 69.6 ₹ | Industry PE | 14.7 |
📊 ICICI Bank shows good potential for swing trading. The stock is trading slightly below its 50 DMA (₹1,376) and 200 DMA (₹1,369), reflecting mild short-term weakness but strong long-term support. RSI at 43.2 suggests neutral-to-oversold conditions, while MACD negative (-3.86) indicates weak momentum. An optimal entry would be near ₹1,330–₹1,340. If already holding, consider exiting around ₹1,480–₹1,500, close to its recent high and resistance zone.
Positive
- ✅ EPS of ₹69.6 supports strong profitability.
- ✅ ROE (17.8%) indicates efficient shareholder returns.
- ✅ PEG ratio of 0.74 suggests attractive valuation relative to growth.
- ✅ DII holdings increased by 1.15%, showing domestic institutional confidence.
- ✅ Quarterly PAT of ₹12,359 Cr. reflects solid earnings performance.
Limitation
- ⚠️ ROCE (7.61%) is modest compared to peers.
- ⚠️ Debt-to-equity ratio of 5.58 indicates high leverage typical of banks.
- ⚠️ FII holdings dropped by 1.21%, showing reduced foreign investor interest.
- ⚠️ MACD negative (-3.86) signals weak short-term momentum.
- ⚠️ Dividend yield of 0.81% is modest, offering limited income support.
Company Negative News
- ❌ Sequential decline in PAT (₹12,768 Cr. → ₹12,359 Cr.) shows short-term earnings pressure.
- ❌ Weak technical indicators with price below DMA levels and MACD negative.
Company Positive News
- 🌟 Quarterly profit growth of 5.22% YoY highlights earnings resilience.
- 🌟 Strong domestic institutional support adds stability.
- 🌟 Solid fundamentals with consistent EPS and profitability.
Industry
- 🏭 Banking industry trades at PE of 14.7, lower than ICICI Bank’s PE of 19.6, suggesting relative overvaluation.
- 🏭 Sector growth driven by credit expansion, digital banking, and retail lending supports long-term prospects.
Conclusion
📌 ICICI Bank is a fundamentally strong candidate for swing trading, supported by profitability, PEG ratio, and domestic investor confidence. Entry near ₹1,330–₹1,340 is optimal, with exit around ₹1,480–₹1,500. Traders should be cautious of weak technical momentum and modest ROCE, but overall fundamentals and industry outlook remain favorable.
I can also prepare a peer comparison with HDFC Bank or Axis Bank to highlight relative swing trade opportunities in the banking sector.
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