Confirmed on 2 Nov 2026Completed-candle evidence

ICICI Bank Limited (ICICIBANK)

1-year first weekly breakout with 2.1x signal-week volume.

Signal-date chart

What the breakout looked like when confirmed

Weekly or monthly candles · previous high marked · no future candles

Candle interval

0/30Loading draft…

Previous weekly high

₹1,500.00

Signal close

₹1,571.20

Breakout margin

+4.8%

Signal volume

2.1x

10-week average

₹1,389.42

40-week average

₹1,354.57

Why it qualified

Price

The completed week closed 4.8% above the old weekly high of ₹1,500.00. No intervening week traded above that high.

Participation

Signal-week volume was 2.1x its preceding 20-week average; traded value was 18203.0 Cr.

Trend

The 10-week and 40-week averages were ₹1,389.42 and ₹1,354.57. These are quality context, not breakout definitions.

History

266 prior weekly candles were available. The broken high occurred on 21 Jul 2025, 67 weeks earlier.

Research context

Transparent follow-through

Latest 0.0% through 2 Nov 2026

Checkpoint	Status	Close	Return	Best move	Worst move
1 week (1 weeks)	Pending	-	-	-	-
1 month (4 weeks)	Pending	-	-	-	-
3 months (13 weeks)	Pending	-	-	-	-

Methodology and limitations

Highest stored weekly high in the 1-year resistance window, with no later weekly high above that level before the signal.

The completed signal week closed at least 0.5% above resistance with at least 1.2x its prior 20-week average volume.

Weekly and monthly OHLC candles through the signal date; the previous high and breakout close are explicitly marked.

Follow-through uses stored weekly closes after 1, 4, and 13 completed weeks. Excursions use weekly highs and lows.

Charts use the versioned NSE split, bonus and consolidation-adjusted weekly OHLCV series; unadjusted or stale-version rows are excluded.

A breakout is a research prompt, not a prediction, target, recommendation or assurance of follow-through.