ICICI Bank Future and Option Prediction for Tomorrow 2 June 2026: Key Levels and Strategy

June 1, 2026
Posted by: Ankit Jaiswal
Category: News

The icici bank future and option prediction for tomorrow 2 June 2026 is bearish, based on ICICI Bank closing at Rs 1,239.70 on 1 June 2026 (-1.33%). GIFT Nifty at 23,490.0 (+107.40 pts, +0.46%) signals a gap-up open for Indian markets on 2 June 2026. Nifty 50 closed at 23,382.6 on 1 June 2026 after a bearish gap-up reversal from 23,733.7, while Nifty IT surged +2.66% led by Infosys and Coal India. The icici bank future and option prediction for tomorrow takes into account this divergent market backdrop along with the sector-specific triggers detailed below.

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Table of Contents

ICICI Bank Share Price Recap on 1 June 2026

CMP (1 June 2026 Close): Rs 1,239.70 (-1.33%)

Session: Open Rs 1,257.10 | High Rs 1,261.90 | Low Rs 1,235.90

Sector: Private Banking | 52W High: Rs 1,512 | 52W Low: Rs 843 | Lot: 350

ICICI Bank declined 1.33 per cent on 1 June 2026 as FII selling concentrated in the financial sector. The stock opened above previous close but sold off to close near its low of Rs 1,235.90.

ICICI Bank Futures Prediction for Tomorrow 2 June 2026

Futures Trend: Bearish | Futures Price: Rs 1,240.00

Support 1: Rs 1,235 | Support 2: Rs 1,218

Resistance 1: Rs 1,262 | Resistance 2: Rs 1,282

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the ICICI Bank future and option prediction for tomorrow places Rs 1,235 as the critical immediate support for 2 June 2026. A gap-up open driven by GIFT Nifty at +107 points that holds above Rs 1,235 in the first 15-minute candle confirms the bearish setup in ICICI Bank futures. Jaiswal identifies Rs 1,262 as the first resistance level. A sustained close above Rs 1,262 would shift the icici bank future and option prediction for tomorrow to a stronger bearish bias toward Rs 1,282.

ICICI Bank Options Analysis for 2 June 2026

PCR: 0.81 | Max Call OI: Rs 1,265 | Max Put OI: Rs 1,235

Kunal Singla, Associate Director at Univest, observes that the ICICI Bank options data shows max call OI at Rs 1,265 and max put OI at Rs 1,235. The PCR of 0.81 reflects cautious bearish positioning with call OI exceeding put OI. In the icici bank future and option prediction for tomorrow, Singla watches Rs 1,235 as the intraday support floor and Rs 1,265 as the options-derived resistance ceiling.

Key Triggers for ICICI Bank on 2 June 2026

GIFT Nifty +107 pts: Positive pre-market signal supports gap-up recovery attempt, benefiting the bearish icici bank future and option prediction for tomorrow.
FII flow in banking sector for June: Primary sector catalyst determining ICICI Bank direction on 2 June 2026.
Retail credit growth and asset quality: Secondary trigger to watch in the first half of the 2 June 2026 session.
FII June Flow: FII selling of Rs 21,106 crore on 29 May resets in June. Positive FII on 2 June 2026 accelerates icici bank future and option prediction for tomorrow momentum.

Trading Strategy: ICICI Bank Futures and Options on 2 June 2026

1. Confirm the Gap-Up: Do not enter ICICI Bank futures at the open. Wait for the first 15-minute candle above Rs 1,235 before initiating positions.

2. Bull Setup: ICICI Bank holds above Rs 1,235 and breaks Rs 1,262 with volume. Target Rs 1,282.

3. Bear Setup: Sustained break below Rs 1,218 confirms bearish momentum. Avoid catching falling icici bank futures.

4. Options Strategy: PCR at 0.81 and GIFT Nifty gap-up environment — consider defined-risk spreads over naked options for the icici bank future and option prediction for tomorrow session.

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Conclusion: ICICI Bank Future and Option Prediction for Tomorrow 2 June 2026

The icici bank future and option prediction for tomorrow 2 June 2026 is bearish. ICICI Bank closed at Rs 1,239.70 on 1 June 2026 (-1.33%). Key support: Rs 1,235. Key resistance: Rs 1,262. GIFT Nifty at +107 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest flags Rs 1,235 as the session floor and Kunal Singla flags Rs 1,265 call OI as the ceiling in the icici bank future and option prediction for tomorrow. All levels are educational only.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.

Frequently Asked Questions

What is the ICICI Bank future and option prediction for tomorrow 2 June 2026?

Ans. The ICICI Bank future and option prediction for tomorrow is bearish. CMP is Rs 1,239.70 (-1.33% on 1 June 2026). Support is Rs 1,235, resistance Rs 1,262. GIFT Nifty at +107 points signals a positive gap-up. PCR is 0.81 with max call OI at Rs 1,265.

What is the support for ICICI Bank futures on 2 June 2026?

Ans. Support for ICICI Bank futures on 2 June 2026 is Rs 1,235 (immediate) and Rs 1,218 (secondary). Ankit Jaiswal of Univest identifies Rs 1,235 as the make-or-break level for the icici bank future and option prediction for tomorrow.

What is the resistance for ICICI Bank on 2 June 2026?

Ans. Resistance for ICICI Bank on 2 June 2026 is Rs 1,262 (immediate) and Rs 1,282 (next level). Max call OI at Rs 1,265 acts as the options-derived ceiling in the icici bank future and option prediction for tomorrow.

What is the PCR for ICICI Bank options on 2 June 2026?

Ans. PCR for ICICI Bank options is 0.81. Max call OI at Rs 1,265 and max put OI at Rs 1,235. Kunal Singla of Univest observes a cautious signal for the icici bank future and option prediction for tomorrow.

What are the key triggers for ICICI Bank on 2 June 2026?

Ans. Key triggers for the icici bank future and option prediction for tomorrow include GIFT Nifty +107 pts, fii flow in banking sector for june, retail credit growth and asset quality, and FII June flow direction. These determine whether the icici bank future and option prediction for tomorrow trends toward Rs 1,262 or Rs 1,218.

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Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.