Discover and read the best of Twitter Threads about #ICICIBank

Most recents (24)

Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #ADANIPORTS: ₹562
2️⃣ #ASIANPAINT: ₹2,552
3️⃣ #AXISBANK: ₹620
4️⃣ #BAJAJFINSV: ₹10,445
5️⃣ #BAJAJAUTO: ₹3,280

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket

Thread🧵(1/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

6️⃣ #BAJFINANCE: ₹4,668
7️⃣ #BHARTIARTL: ₹552
8️⃣ #BPCL: ₹255
9️⃣ #BRITANNIA: ₹2,534
🔟 #CIPLA: ₹850

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #Trader #OI

Thread🧵(2/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #COALINDIA: ₹163
2️⃣ #DIVISLAB: ₹3,154
3️⃣ #DRREDDY: ₹3,365
4️⃣ #EICHERMOT: ₹2,431
5️⃣ #GRASIM: ₹1,221

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #BSE

Thread 🧵(3/11)
Read 11 tweets
ICICIBANK said its employee expenses increased by 21% YonY. And the bank had about 105,800 employees at March 31, with employee count increasing by about 7,000 in the last 12 months.
Q&A Insights: Mahrukh Adajania of @EdelweissFin asked about margin outlook and if repo rate hike will gain margin. Rakesh CFO replied that it’s difficult to give an outlook. The target would be to try and see how margins can be maintained. But it will be a function of the market.
Read 9 tweets
US markets have given a break-down from Head & Shoulders pattern

Most of the Indian sectors too look vulnerable

THREAD: Technical Analysis for US market & 10 Indian sectors🧵

Collaborated with @AdityaTodmal
Starting with the mother market

1. #DJIA : BD of H&S pattern
2. #NIFTY

• Weekly: M pattern under formation, no BD yet

• Daily : Descending triangle BD
Read 22 tweets
📊ICICI BANK LTD (#ICICIBANK)

🏷CMP: 688, Market Cap: 4,77,987 Cr

🏦Business Analysis

🏷ICICI Bank Limited provides various banking products and financial services in India and Internationally.

A Thread 🧵
🌁HISTORY

🏷Incorporated in 5 January 1994 (28 Years ago)

🏷Founded as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.

🏷Launched internet banking operations in 1998
🌁MARKET POSITION

🏷ICICI Bank is one of the largest private sector banks in India with standalone asset base of 12.3 lakh crore as on 31 March 2021

🌁MARKET SHARE

🏷Credit Card Transactions (As on Nov 21): 19.97%
🏷Equity AUM (As on Oct 21): 16%
Read 17 tweets
Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits. Image
Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.

Macd measures the difference between two Exponential Moving Averages (EMAs). Image
A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating.. Image
Read 7 tweets
A Thread on Ratio analysis and respective charts
No need to grab a coffee,Chai will do😄

The idea is to identify relatively stronger sectors & stocks when breadth is weak

Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)

Breadth started falling from 14th Jan 2022
So we need to identify sectors which remained resilient when market breadth was falling.

We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
Mean reversals are best suited for current market breadth scenario. Once we have identified the sector the next step is to identify stocks in same fashion.

However the idea is to pick only stocks which are taking support near 50 or 200 EMA

Let us begin with first sector 👇
Read 16 tweets
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬

Detailed 🧵on each sector covering index heavy weight stocks📊
#CNXIT #NIFTYIT

Profit booking has set in this sector and is undergoing a meaningful correction after lending a strong support to Nifty for many weeks & months.

Had shared a cautionary tweet regarding the same on Jan 2, 2022
Charts of few heavy weight stocks within the IT sector:

#INFY
Read 24 tweets
thread alerts 🧵

how to give simple ranking to stocks witch is trending higher & witch is trending lower

for simple ranking you can use CCI indicator
for identified top strong & top weak stocks.

@Trendmyfriends
1⃣
CCI Developed by Donald Lambert

⚡️The Commodity Channel Index​ (CCI) is a momentum-based oscillator used to help determine a price trend direction and strength of stocks

⚡️CCI measures the difference between the current price and the historical average price.
2⃣
⚡️​The Formula for the CCI

CCI= (Typical Price−MA) /( 0.015×Mean Deviation)

how we use it

⚡️When the CCI is above zero, it indicates the price is above the historic average. Conversely, when the CCI is below zero, the price is below the historic average.
3⃣
Read 10 tweets
Nifty 50(w) structure

At RSI front Index given continue some weakness but still we respected 17700 and Monday if some panic same can move towards 17570-17600..

Next weekly closing below 17570 will put more pressure of consolidation.
If we try to observe Nifty 50 stock wise charts most of counters give comfort that we should hold & respect the 17600-17700 zone once as solid support.

Further looking on same chart clear visible that same consolidation may take more time till we not break 18300 towards high.
Bank Nifty Structure...

Index almost correct 4000 point one way,hence same is also near 38K psycological as well as technical support zone,hence same also indicative that a bounce back is clearly due in BN as well,hence don't panic if some pressure as Hap down etc in monday.
Read 26 tweets
#PayTmIPO #Paytm This will be a long tweet but worth your time it will help your investment decisions.
Before comments on #paytm I will rewind to 2008 I was heading institutional broking of large broking house with half a million clients and over 2000 offices across India,
Largest public issue #Rpower #reliance brand untill that point most trusted company among retail investors, IPO band was between ₹400-450 company wanted me to promote this issue, my answer was clear NO, I did not see any fundamentals matching I simply said #rpower has no fuse
Close to 14 years period of vanavas of lord ram still the share is trading around ₹14.
“The more you want something to be true, the more likely you are to believe a story that overestimates the odds of it being true” ~M Housel
Markets were at the peak when issue came and by end
Read 19 tweets
Option selling strategy thread 🧵

*Capital must be above 6lac

*Target only banknifty (weekly expiry)

* Target 1/2% per week

* combine premium should above 100

Two types of strategy normally i use

⚡ directional

⚡Non directional (strangle)
⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.

(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.

Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.

If swing support broken then exit.

(Trending upmove)
Read 7 tweets
Most are correcting yesterday's low to today's opening high.
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish

Break of 17817, reject Image
#Reliance has done exactly 61.8% retrace of 2494 to 2556 @ 2518

Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556 Image
#sbin
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522. Image
Read 7 tweets
#ICICIBank is one of the 1st bank I ever read about. Always felt like at some point it would catch up with #HDFCbank and cover up the lost ground. Here's a short thread on how ICICI bank's technology stack is shaping up. Do retweet for wider reach.
#ICICIBank has built iMobile app back in 2008. Over the yrs it transformed to a universal fintech app adding many services. App is open for all and it has 30 lakh non-ICICI bank customers. Avg daily volume of these customers increased 7x and value of transaction by 8x
2/n Image
#ICICIBank has developed InstaBIZ app for business banking services. It currently has more than 10 lakh active customers. Financial transactions grew by 24% YoY. 87% of business payments happen digitally through this app.
3/n Image
Read 6 tweets
The top 10 stocks in #Nifty50 contributes more than 55% weight-age, the remaining 45% comes from other 40 stocks. This weight-age changes yearly twice based on stock performance. What if I choose to do SIP of Rs.10,000 every month only with Top 1 stock from this list?
I downloaded last 13 years historical Nifty50 constituents from niftyindices.com and grabbed the top stock based on weight-age. Allocated Rs.10,000 every month into that stock.
Used @ValueResearch portal to upload the transaction to compute the final results inclusive of Bonus, Splits, Dividends etc. In last 13 years, these 5 stocks #HDFCBANK #ICICIBANK #ITC #RELIANCE & #INFY had the highest weight-age at different periods.
Read 5 tweets
#Banknifty in focus.
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825
#Hdfc breaking out..
#Icicibank is poised..
Read 10 tweets
#BankNifty outperformed broader #Nifty after a long time, looking at the momentum today, we may see it touching much higher levels in next few days. Please refer to following quantitative and technical post market reports for details.
#HDFCBank #icicibank and #SBIN led the rally today, look at #KOTAKBANK #AXISBANK & #indusind too.
Important levels are mentioned in following note.
Subscribe for Free : t.me/i2gain
@vivbajaj
Read 3 tweets
Spate of Q4FY21 results showcase #Economy is on track

#ICICIBank reported Profit of Rs4402Cr,a 260% jump YoY,with NII up a solid 16.8% at 10431Cr

Tech companies have done well,with #TechMahindra reporting Dollar Revenue growth of 1.6% QoQ &Margins up 10bps at 16%
#Modinomics💪
#HCLTech also reported good numbers with Dollar Revenue up 3% QoQ

IT&Business Services segment grew 4.4% QoQ

Even for #MarutiSuzuki,while Profit fell,it managed to have Gross Margins at 26%,Vs 27.5% QoQ

Margin above 25% despite challenges thrown by Pandemic,is good
#Modinomics
In Banking space,besides great results by #HDFCBank& #ICICIBank, #AxisBank too reported good results, with Profit at Rs2677Cr,Vs loss of 1388Cr,YoY

While Gross&Net NPAs of Axis rose 15%&52% YoY,with Provisions down 28%,good news is NII is up 11% at Rs7555Cr

#Economy #Modinomics
Read 5 tweets
#threadstory
Few things on #IndiaFightsCOVID19

#1 Demand Supply Gap
there is a sudden surge in demand for testing, beds, Oxygen, etc. Make no mistake crisis is real

#2 Panic due to scarcity
Panic driven by scarcity. Like a run on bank, remember #icicibank run in 2008 ?
#3 Precautionary Procurement
Patients get into panic driven precautionary engagement - especially beds, oxygen, medicines (Remdesivir etc)

#4 Amplification by panic
panic multiplies efforts. 1 person needing a bed puts word to 5 people - 5X beds are being sought for 1x need
#5 Black marketing thugs
Get into play to make money out of panic situation. Lots of bad elements hand in glove all over

#6 POLITICAL VULTURES KICK IN
International articles are written showcasing deaths, tragic situations, crematoria. Putting #India down.
Read 5 tweets
ED chargesheet in ICICI Bank-Videocon loan case: “Chanda Kochhar and her husband Deepak Kochhar had close relationship and prior acquaintance with VN Dhoot. Chanda Kochhar was also a shareholder in a company in which Dhoot / Videocon Group had substantial shareholding.
Contd: “Chanda Kochhar was living in a flat which was owned by the companies of Videocon Group.” #EDchargehseet #ICICIBank #Videocon
Contd: “Chanda Kochhar neither disclosed these facts to ICICI Bank nor recused herself from the committees of ICICI Bank recommending / sanctioning loans to Videocon Group of Companies.” #EDChargesheet #ICICIBank #Videocon
Read 6 tweets
Sensex at 44000+,Nifty at 13000+ & #BankNifty at 9 month high of 30000+💪

Amongst top gainers in rally are SBI,ICICI Bank&Axis Bank;549% rise in Profit in #ICICIBank,reinforces, rally is not just liquidity driven,but excellent Sep qtr results have played big role

#EconomyRising
SBI reported PAT of 4574.16Cr in Sep'20 qtr,up 52% YoY&9% QoQ

Note,most analysts were not expecting SBI to clock profit of more than 2100 or 2200Cr

PBT for #SBI came at 6341.45Cr,up 25.33%,YoY&14.3%,QoQ

Operating profit was up 12% at 16460Cr in Q2FY21

#EconomyRising #Banks
#SBI is not any other Bank;It is biggest Bank in India,accounting for one fourth of India's lending activity, so great results by SBI,signify, #EconomyRising

NII at 28182Cr,up 5.7%,QoQ

NIMs up 12bps YoY at 3.34%

GNPA in Sep Qtr fell to 5.28% Vs 5.44% in June qtr,with NPAs down
Read 7 tweets
Read 244 tweets
Read 244 tweets
Respected all sir
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.

Here are some examples.
I have cover all large, mid and small cap stocks ImageImageImageImage
Some more examples
#adanigas
#eveready
#icicibank
#techm ImageImageImageImage
Read 55 tweets
Weekly NIFTY50 analysis thread.
September Week4.

All posts are for educational purposes.
1
#nifty50
#PriceAction
#ADANIENT
Adani enterprises
Read 53 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!