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Weekly Bullish Flag Breakout in LICI with 30% upside

Long
LIFE INSURA CORP OF INDIA (NSE:LICI)  
raigvivek  
NSE:LICI   LIFE INSURA CORP OF INDIA
Trend Analysis Chart Patterns Technical Indicators PSU licindia LICI dailybreakout dailybreakoutpossible weeklybreakout weeklybreakoutpossible stockanalysis multibaggerstock
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trendanalysis chartpattern indicator psu licindia lici dailybreakout dailybreakoutpossible weeklybreakout weeklybreakoutpossible stockanalysis multibaggerstock
Hi,
The Largest Life Insurer of country LICI LICI has given a Bullish Flag Breakout on weekly charts with very good volume.

MACD is also on the bullish side on daily time frame and expecting to turn positive on weekly time frame. RSI is also on the bullish side on daily and weekly time frames.

In the current market scenario I am expecting that the bullish momentum will continue.

Complete price projection mentioned on the charts for educational purpose.

Please share your feedback or any queries on the study.

Disclaimer: Please consult your financial advisor before making any investment decision.

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