NSE:LICI LIFE INSURA CORP OF INDIA
- Sellers Territory has been clearly violated by Buyers
- Retracement and Sellers power is weakening with every up move of buyers
- Little to no retracement seen in the last 2-3 weeks
- Sideways to consolidation
- Same resistance level being tested with consolidation is a double confirmation
Everything seems to be aligned for this counter to make me some premiums on my investment
Time Horizon 3 months
Investment Capital - As per your appetite
Risk - as defined
Rewards - as defined
Investments in Market and Insurance companies are subject to market risk. Please do your own study before you invest.
Enjoy and as always do not trade unless you have money to lose and patience to wait !!!