An Analytical Research on Fundamental and Technical Analysis of ICICI Bank Stocks in India

India is one among the top economies globally with vast potential for the banking sectors to grow. The last decade showed a tremendous upsurge in transactions through ATM's, internet & mobile banking. In 2014, our country's Rs. 81 trillion banking industry set for a greater change. The sector seems to be optimistic of posting strong demand in the couple of years. So investment in the stocks of the banking industry is one of the attractive options particularly in India. Investing in shares of the company is highly rewarding at the same time it is highly risk. Moreover Indian stock market is extremely volatile with large volumes being traded. Analysis of stock is highly helpful to reduce the risk and to make good money. This quantitative analytical research is intended in analyzing the Indian banking industry in the view of its feasibility as a venture option. A detailed analysis of the Indian banking industry is covered in high opinion of the past growth and performance. The fundamental analysis is done which analysis the economy in the broader intelligence. The technical analysis is also finished for the stocks using some technical indicators. For the study ICICI bank has been chosen. The research is based on the secondary data and the research design is also analytical in nature as it deals with facts and figures. The tools used for the study are the Ratio Analysis, Beta Analysis (β), Relative Strength Index (RSI) and Rate of Change (ROC). The suggestion to ICICI Bank is the calculated value of ROC and RSI shows more buying opportunity than the selling opportunity so the investor should buy of the shares as the price may increase in the future. Based on the analysis the future price directions are determined and recommendations are given to make the research meaningful. The conclusion is the knowledge of the stock market is the key to success and emphasis should be on managing trading risk while the fundamental and technical analysis can help the investors to control them. So the fundamental & technical analysis gives clue to buy/sell a stock with adequate justification.