๐ Overview
Monthly structure view of ICICI Bank as part of the NIFTY 750 Structure Census.
This assessment focuses on long-term structural behaviour, regime shifts, and dominant trend characteristics, without short-term projections.
๐งฑ Structure Position
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Structure assessed from earliest reliable data
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Long-term impulse structure observed
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Post-2002 regime marked by persistent higher highs and higher lows
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Rising structural support has remained intact through multiple cycles
๐ Market Context
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Major corrections (2008, 2020) resolved within the same long-term rising regime
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Each deep correction was followed by structural continuation rather than breakdown
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Indicates trend resilience, not acceleration certainty
๐ Key Zones & Levels (Structural)
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Long-term rising support: intact
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Recent structure: higher-level consolidation near trend highs
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No structural damage visible on the monthly timeframe
๐ Expected Behaviour (Structure-Based)
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Continuation of range-to-range movement within the broader impulse regime
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Consolidation is structurally normal at this maturity level
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Directional resolution will depend on how price behaves relative to long-term support
๐ฆ Invalidation / Risk Levels
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Structural view weakens only on decisive long-term support violation
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Until then, impulse regime remains valid
๐งพ Conclusion
ICICI Bank continues to exhibit a clean, long-term impulse structure with mature consolidation near highs.
The chart reflects structural strength, not a directional forecast.
This is a structural update, not a directional call.
https://www.tradingview.com/chart/ICICIBANK/hzrrO7LD-NSE-NIFTY-750-ICICI-Bank-05-Feb-2026/
#NIFTY750 #ICICIBank #MarketStructure #EquityStructure #LongTermCharts #EWAVESJOURNAL

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