ICICI Bank Ltd.
NSE: ICICIBANK · Financial Services
Mixed EMA structure, recent underperformance vs NIFTY, and weak volume on decline outweigh oversold RSI; Q2 earnings (4–6 weeks away) are…
RSI at 29 signals oversold regime with price only 3–4% below moving averages, and 12-month outperformance of NIFTY by 2.13% suggests underlying franchise resilience.
Price trades below all three EMAs in mixed alignment with no uptrend confirmation; one-month underperformance of 2.81 pp vs NIFTY and weak volume (90% of average) on decline suggest institutional conviction is absent.
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Bearish 28 Sep 2026 → now Scores 28 Oct 2026₹1,302.00 → ₹1,302.00 0.0%
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