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2026-09-01 11:04:58 am | Source: Religare Broking Ltd
Stock of the day - ICICI Bank Limited Target Rs. 1540 - Religare Broking Ltd
Stock of the day - ICICI Bank Limited Target Rs. 1540 - Religare Broking Ltd

ICICI Bank Limited

Buy ICICI Bank Limited CMP (Rs) 1454 Range* 1450-1455 SL 1405 Target 1540

* ICICI Bank continues to exhibit a bullish structure, with price action sustaining higher highs and higher lows on the daily timeframe.

* The stock remains positioned above its short, medium and long-term moving averages, while the rising 20-DEMA further confirms improving near-term momentum.

* Upside moves are accompanied by expanding volumes, indicating sustained buying interest keeping the medium-term trend firmly positive.

* Investors may consider buying the stock within the recommended buying range.

 

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