ICICI Bank Share Price Prediction for Monday 8 June 2026: F&O Levels and Technical Outlook

The ICICI Bank share price prediction for Monday 8 June 2026 is Bullish as the stock closed at Rs 1,262.10 (+0.83%) on Friday 5 June 2026, gaining from Rs 1,251.70. ICICI Bank gained +0.83% to Rs 1,262.10 on Friday on RBI dovish hold, touching a high of Rs 1,265; continued institutional buying makes it the strongest private sector bank in the current cycle. The RBI held repo at 5.25% on Friday with a neutral-to-dovish stance — positive for banking and NBFC stocks on Monday 8 June. The ICICI Bank prediction for Monday is also shaped by the US Non-Farm Payrolls data released on Friday evening, which will determine Monday’s opening gap direction.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide the F&O levels and technical outlook for the ICICI Bank prediction for Monday 8 June 2026.

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ICICI Bank Share Price Data for Monday 8 June 2026

Parameter	Value
CMP (5 June Close)	Rs 1,262.10
Previous Close	Rs 1,251.70
Change	+0.83%
Friday High	Rs 1,265.00
Friday Low	Rs 1,250.00
Volume	1.02 Cr
Sector	Banking
Support 1	Rs 1,248
Support 2	Rs 1,232
Resistance 1	Rs 1,272
Resistance 2	Rs 1,285
Trend	Bullish

ICICI Bank Prediction for Monday: Technical Analysis

Ankit Jaiswal observes that the ICICI Bank prediction for Monday is anchored at Rs 1,248 support. ICICI Bank gained +0.83% to Rs 1,262.10 on Friday on RBI dovish hold, touching a high of Rs 1,265; continued institutional buying makes it the strongest private sector bank in the current cycle. A sustained hold above Rs 1,248 and a break above Rs 1,272 would confirm the Bullish thesis for the ICICI Bank prediction for Monday 8 June 2026.

Kunal Singla notes that the ICICI Bank prediction for Monday is influenced by the VIX at 15.79 (intraday low 13.46 on Friday) — a constructive signal for controlled directional moves on Monday. ICICI Bank is among the most liquid F&O contracts. Put OI near Rs 1,248-1,252 is strong support. A Monday break above Rs 1,265 Friday high would target Rs 1,272-1,285. Strong RBI tailwind for Monday prediction.

ICICI Bank F&O Analysis for Monday 8 June 2026

ICICI Bank is among the most liquid F&O contracts. Put OI near Rs 1,248-1,252 is strong support. A Monday break above Rs 1,265 Friday high would target Rs 1,272-1,285. Strong RBI tailwind for Monday prediction. The F&O range for ICICI Bank on Monday is between Rs 1,248 (Put OI support) and Rs 1,272 (Call OI resistance).

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Risks for ICICI Bank Prediction for Monday

• Any deceleration in loan growth or credit cost rise above guidance is the primary risk for the ICICI Bank prediction for Monday.
• US NFP reaction on Monday open could create a gap that invalidates the entry zone.
• FII selling (net Rs -4,475.76 Cr on 4 June) remains a headwind for all index stocks.
• A Nifty 50 breakdown below 23,200 would drag most index stocks lower on Monday.

Conclusion

The ICICI Bank prediction for Monday 8 June 2026 is Bullish with Rs 1,248 as key support and Rs 1,272 as the critical resistance. ICICI Bank gained +0.83% to Rs 1,262.10 on Friday on RBI dovish hold, touching a high of Rs 1,265; continued institutional buying makes it the strongest private sector bank in the current cycle. Ankit Jaiswal and Kunal Singla recommend waiting for the first 15-minute candle on Monday before taking directional positions in ICICI Bank. Data is sourced from open public platforms including NSE and BSE — verify from official exchange sources before any investment decision.

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

Frequently Asked Questions

What is the ICICI Bank prediction for Monday 8 June 2026?

Ans. The ICICI Bank prediction for Monday is Bullish. CMP Rs 1,262.10 (+0.83%) on 5 June. Support Rs 1,248, resistance Rs 1,272. ICICI Bank gained +0.83% to Rs 1,262.10 on Friday on RBI dovish hold, touching a high of Rs 1,265; continued institutional buying makes it the strongest private sector bank in the current cycle.

What are ICICI Bank support and resistance levels for Monday?

Ans. Support 1: Rs 1,248. Support 2: Rs 1,232. Resistance 1: Rs 1,272. Resistance 2: Rs 1,285. A close above Rs 1,272 confirms bullish trend for ICICI Bank on Monday.

What is the ICICI Bank F&O outlook for Monday 8 June 2026?

Ans. ICICI Bank is among the most liquid F&O contracts. Put OI near Rs 1,248-1,252 is strong support. A Monday break above Rs 1,265 Friday high would target Rs 1,272-1,285. Strong RBI tailwind for Monday prediction. The ICICI Bank F&O range for Monday is Rs 1,248 to Rs 1,272.

What drives the ICICI Bank prediction for Monday?

Ans. ICICI Bank gained +0.83% to Rs 1,262.10 on Friday on RBI dovish hold, touching a high of Rs 1,265; continued institutional buying makes it the strongest private sector bank in the current cycle. The RBI held repo at 5.25% on Friday with a neutral-to-dovish stance — positive for banking and NBFC stocks on Monday 8 June. Monday open will reflect the US NFP reaction overnight.

Is ICICI Bank bullish or bearish for Monday 8 June 2026?

Ans. The ICICI Bank prediction for Monday is Bullish. Closed Rs 1,262.10 on Friday gaining from Rs 1,251.70. Any deceleration in loan growth or credit cost rise above guidance is the primary risk.

How does India VIX affect ICICI Bank prediction for Monday?

Ans. India VIX closed at 15.79 on Friday, touching an intraday low of 13.46. A VIX below 16 supports cleaner directional moves and reduces whipsaw risk for the ICICI Bank prediction for Monday 8 June.

Should traders go long or short on ICICI Bank Monday?

Ans. For educational reference only: confirm above Rs 1,272 before longs; use Rs 1,248 as stop reference. This is not investment advice. Consult a SEBI-registered advisor.

What is the key risk for ICICI Bank on Monday 8 June 2026?

Ans. Primary risk: Any deceleration in loan growth or credit cost rise above guidance. Additional risks: US NFP reaction, FII selling pressure, and broader Nifty direction. Use strict stop-losses.