ICICI Bank Prediction for Tomorrow, Friday 7 August 2026: Stock at Rs 1,398 With Decade-Low GNPA as Thursday’s Partial Recovery Sets Up SBI Q1 Full Reversal
- August 6, 2026
- Posted by: Kunal Singla
- Category: News
ICICI Bank Thu: Rs 1,398 (+0.6% partial recovery). Decade-low GNPA 2.1%. Bank Nifty ~57,980. SBI Q1 Fri (NIM above 3% key). VIX: 12.06.
The ICICI Bank prediction for tomorrow for Friday 7 August 2026 is framed by Thursday’s weekly options expiry session where Nifty 50 settled at approximately 24,617 (flat), India VIX touched an intraday low of 10.80 (the calmest reading since Monday), Bank Nifty recovered 240 points to approximately 57,980 and Sensex gained 109 points to approximately 78,690 as IT stocks reversed Wednesday’s decline and Reliance Industries led the session. The Bank Nifty is the sectoral benchmark for Friday. Brent crude at 79.28 US dollars (up 1.1 percent on Thursday, no formal Iran deal confirmed) and gold at 4,356 US dollars (7-week high on Strait of Hormuz reopening optimism) are the key commodity markers for Friday. The Dow Jones hit a record 54,349 on Wednesday night, providing a positive global backdrop, though South Korea’s Kospi fell 4.08 percent Thursday — the primary overnight risk for Friday. ICICI Bank recovered 0.6 percent Thursday to Rs 1,398, broadly in line with HDFC Bank’s recovery, as the PSU-rotation trade partially unwound. The ICICI Bank prediction for tomorrow is the clearest fundamental buy-on-dip setup: Q1 FY27 GNPA at a decade-low 2.1 percent, NIM at 4.34 percent and loan growth at 15.2 percent make ICICI Bank the strongest-fundamental large private bank in India. The two-day decline was entirely a rotation-driven event; the ICICI Bank prediction for tomorrow’s recovery is a matter of when, not if, on a positive SBI Q1. The ICICI Bank prediction for tomorrow is shaped above all by SBI Q1 FY27 results, with the board meeting confirmed for Friday August 7: NIM recovery above 3 percent (from Q4 FY26’s 2.93 percent) is the week’s most critical financial metric. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete ICICI Bank prediction for tomorrow.
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Thursday’s Data Behind the ICICI Bank prediction for tomorrow
| Indicator | Thursday 6 Aug Close | Change |
|---|---|---|
| Bank Nifty | Rs 1,398 | +Rs 8 (+0.6%) |
| Day Range | Rs 1,385-1,410 | Session high/low |
| Nifty 50 | ~24,617 | Flat (-0.03%) — expiry pinned near max pain 24,600 |
| Sensex | ~78,690 | +109 pts (+0.14%) — IT, Reliance led |
| Bank Nifty | ~57,980 | +240 pts (+0.41%) — private banks partial recovery |
| India VIX | ~12.06 (low 10.80) | Calmest expiry since Monday |
| Brent Crude | $79.28 (+1.1%) | No Iran deal confirmed; slight bounce from $78.44 |
| Gold | $4,356 (+1.2%) | 7-week high on Strait reopening optimism |
| Dow Jones | 54,349 record | +0.49%; strong US backdrop for Friday |
| Kospi | -4.08% | South Korean tech selloff — primary overnight risk |
| SBI Q1 FY27 | Board meeting Friday Aug 7 | NIM recovery above 3% from Q4’s 2.93% is key |
Ankit Jaiswal notes the ICICI Bank prediction for tomorrow is shaped by three converging factors for Friday: the post-expiry calmer session dynamics (weekly expiry completed today; August monthly series starts fresh Friday), SBI Q1 FY27 results as the binary domestic catalyst, and Brent crude at 79.28 US dollars still below 80 US dollars despite Thursday’s slight 1.1 percent bounce. The Bank Nifty is the sectoral benchmark for Friday. The ICICI Bank prediction for tomorrow analysis below maps each factor to its impact on Friday’s likely range and direction.
SBI Q1 FY27 Results: The ICICI Bank prediction for tomorrow Primary Catalyst for Friday
SBI‘s board meets Friday August 7 to approve Q1 FY27 results. The most critical metric for the ICICI Bank prediction for tomorrow: domestic NIM, which compressed to 2.93 percent in Q4 FY26 below SBI’s own 3 percent guidance. Ankit Jaiswal maps the ICICI Bank prediction for tomorrow outcomes: NIM recovery above 3 percent (55 percent probability) triggers SBI up 3-5 percent and Bank Nifty above 58,400 — the primary positive catalyst across all ICICI Bank prediction for tomorrow setups on Friday. NIM below 2.95 percent (25 percent probability) would reverse Thursday’s partial banking recovery and create the ICICI Bank prediction for tomorrow bear case for banking-linked assets. Credit growth target is 13-15 percent year-on-year (system-wide 18.3 percent provides sector context), GNPA target below 2.3 percent.
Technical Levels for the ICICI Bank prediction for tomorrow
| Level Type | Zone |
|---|---|
| Immediate Support | Rs 1,385-1,392 |
| Support 2 | Rs 1,368-1,375 |
| Strong Support / 50 DMA | Rs 1,342-1,352 |
| Immediate Resistance | Rs 1,410-1,422 |
| Key Resistance | Rs 1,432-1,445 |
Kunal Singla observes that the ICICI Bank prediction for tomorrow enters Friday with India VIX at 12.06 (intraday low 10.80 Thursday), resetting from the weekly series to the August monthly series. The August monthly PCR for Nifty is approximately 1.05-1.10 with max pain near 24,500-24,600 — confirming a well-supported market floor for the ICICI Bank prediction for tomorrow. The ICICI Bank prediction for tomorrow’s Rs 1,410-1,422 is the primary resistance that SBI Q1 beat results must clear for the bullish case to be sustained through Friday’s full session.
Global Cues and Iran Deal for the ICICI Bank prediction for tomorrow
Brent crude at 79.28 US dollars on Thursday (up 1.1 percent from Wednesday’s 78.44 US dollars) signals no formal Iran-US deal was confirmed despite continued Qatar-Oman-Pakistan shuttle diplomacy. The Strait of Hormuz remains partially shut. For the ICICI Bank prediction for tomorrow, this crude price range of 78-80 US dollars is the structural neutral zone: FMCG and Auto benefit from crude still below 80 US dollars, while ONGC and upstream energy face the same Q2 realization concerns as Thursday. Gold at 4,356 US dollars (7-week high) reflects institutional positioning for Strait reopening — a structural positive for India’s macro balance of payments in this outlook context. The Dow Jones record at 54,349 is the ICICI Bank prediction for tomorrow’s primary global positive; Kospi’s 4.08 percent fall is the primary global risk. Ankit Jaiswal recommends monitoring Nikkei futures overnight: Nikkei staying above -1.5 percent confirms the ICICI Bank prediction for tomorrow Asian backdrop is stable.
Key Factors Shaping the ICICI Bank prediction for tomorrow
- ICICI Bank’s decade-low GNPA at 2.1 percent in own Q1 FY27 confirms asset quality has never been better, providing the strongest fundamental floor for the ICICI Bank prediction for tomorrow among all private banks.
- Thursday’s 0.6 percent ICICI Bank recovery (along with HDFC Bank’s +0.6 percent) confirms the PSU-rotation trade is ending before SBI Q1 results. The ICICI Bank prediction for tomorrow benefits from this early rotation reversal signal.
- ICICI Bank at Rs 1,398 after its two-day selloff represents approximately 15-18 percent annualised return potential to 12-month consensus targets, making the ICICI Bank prediction for tomorrow a quality accumulation opportunity.
Stocks to Watch in the ICICI Bank prediction for tomorrow
Univest analysts flag the following stocks for educational observation in this outlook on Friday. These are not buy or sell recommendations.
ICICI Bank: CMP Rs 1,398. Ankit Jaiswal flags entry Rs 1,385-1,392, target Rs 1,432, SL Rs 1,368. Primary subject. Decade-low GNPA and 15.2 percent loan growth make Rs 1,385-1,392 the ICICI Bank prediction for tomorrow highest-quality accumulation zone. This is a watch in this outlook.
HDFC Bank: CMP Rs 1,836. Kunal Singla flags entry Rs 1,820-1,826, target Rs 1,872, SL Rs 1,803. HDFC Bank co-validates the ICICI Bank prediction for tomorrow. Both recovering simultaneously confirms broad private banking participation. This is a watch in this outlook.
Axis Bank: CMP Rs 1,115. Ankit Jaiswal flags entry Rs 1,105-1,112, target Rs 1,145, SL Rs 1,085. Axis Bank provides breadth confirmation for the ICICI Bank prediction for tomorrow. All three large private banks recovering is the most bullish banking scenario. This is a watch in this outlook.
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Trading Strategy for the ICICI Bank prediction for tomorrow
- Rs 1,385-1,392 is the accumulation zone for the ICICI Bank prediction for tomorrow. Ankit Jaiswal recommends initiating 50 percent of intended size in this range.
- Wait for SBI Q1 NIM announcement. NIM above 3 percent = add remaining 50 percent above Rs 1,410 in this outlook.
- Rs 1,410-1,422 is the first booking level in this outlook. Kunal Singla advises booking 60 percent here.
- Confirm HDFC Bank is also recovering. Both ICICI Bank and HDFC Bank recovering simultaneously is the strongest confirmation signal for the ICICI Bank prediction for tomorrow.
Risks to the ICICI Bank prediction for tomorrow
- SBI Q1 FY27 NIM below 2.95 percent reversing Thursday’s partial ICICI Bank recovery and extending the two-session selling in this outlook.
- Institutional large-cap rebalancing continuing regardless of SBI results creating selling above Rs 1,410 in this outlook.
- Kospi contagion overnight reducing FII inflows into large-cap private banking stocks in this outlook.
Conclusion
The ICICI Bank prediction for tomorrow for Friday 7 August 2026 is built on Thursday’s close of Rs 1,398 (+Rs 8 (+0.6%)), a calm expiry session with VIX touching 10.80 intraday, and SBI Q1 FY27 results as the binary domestic catalyst. Ankit Jaiswal of Univest identifies Rs 1,410-1,422 as the primary resistance and Rs 1,385-1,392 as the critical support for the ICICI Bank prediction for tomorrow. NIM recovery above 3 percent is the single most important metric in this outlook for Friday: it confirms SBI’s guidance was achievable and unlocks the banking sector’s bull case across all related ICICI Bank prediction for tomorrow asset classes.
Kunal Singla of Univest notes that the post-expiry Friday session carries structurally lower intraday volatility than Thursday’s expiry day. The Dow Jones at record 54,349 and IT stocks recovering Thursday both support the ICICI Bank prediction for tomorrow’s positive bias. Watch the Kospi overnight: stability above -1 percent confirms the ICICI Bank prediction for tomorrow Asian risk is contained and the SBI result can be traded directionally.
Disclaimer: Data and figures are sourced from publicly available information and may or may not be accurate. Verify with NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before any investment decision. Investments are subject to market risk. Educational purposes only. Not investment advice by Univest (SEBI RA INH000013776).
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FAQs on Icici Bank Prediction For Tomorrow, 7 August 2026
What is the ICICI Bank prediction for tomorrow, Friday 7 August 2026?
Ans. The ICICI Bank prediction for tomorrow is conditionally bullish. ICICI Bank recovered 0.6 percent Thursday to Rs 1,398. Decade-low GNPA 2.1 percent provides the strongest fundamental floor among large private banks. SBI Q1 FY27 NIM recovery above 3 percent is the primary catalyst. Support is Rs 1,385-1,392 and resistance Rs 1,410-1,422 in this outlook.
Which analysts prepared the ICICI Bank prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the ICICI Bank prediction for tomorrow.
What is ICICI Bank Q1 FY27 significance for the prediction for tomorrow?
Ans. ICICI Bank Q1 FY27 showed GNPA 2.1 percent (decade-low), loan growth 15.2 percent YoY and NIM 4.34 percent. These fundamentals are the ICICI Bank prediction for tomorrow’s accumulation basis — the two-day decline was rotation-driven, not fundamental.
What is ICICI Bank support and resistance for the prediction for tomorrow?
Ans. Support is Rs 1,385-1,392 and Rs 1,368-1,375. Resistance is Rs 1,410-1,422 and Rs 1,432-1,445 in this outlook.
How does Bank Nifty affect the ICICI Bank prediction for tomorrow?
Ans. Bank Nifty at 57,980 (recovering 240 points Thursday) sets the banking sector context. Above 58,100 post-SBI results confirms the ICICI Bank prediction for tomorrow private bank recovery trade is activated.
