Market Structure Research — Not Predictions

Independent, educational analysis using Elliott Wave structure, time-based corrections, and trend context across global markets.

Thursday, 5 February 2026

NSE – NIFTY 750 | ICICI Bank | 05 Feb 2026

๐Ÿ” 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.


๐Ÿงฑ Structure Position

  • Structure assessed from earliest reliable data

  • Long-term impulse structure observed

  • Post-2002 regime marked by persistent higher highs and higher lows

  • Rising structural support has remained intact through multiple cycles


๐ŸŒ Market Context

  • Major corrections (2008, 2020) resolved within the same long-term rising regime

  • Each deep correction was followed by structural continuation rather than breakdown

  • Indicates trend resilience, not acceleration certainty


๐Ÿ“ Key Zones & Levels (Structural)

  • Long-term rising support: intact

  • Recent structure: higher-level consolidation near trend highs

  • No structural damage visible on the monthly timeframe


๐Ÿ”„ Expected Behaviour (Structure-Based)

  • Continuation of range-to-range movement within the broader impulse regime

  • Consolidation is structurally normal at this maturity level

  • Directional resolution will depend on how price behaves relative to long-term support


๐Ÿšฆ Invalidation / Risk Levels

  • Structural view weakens only on decisive long-term support violation

  • Until then, impulse regime remains valid


๐Ÿงพ 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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