TradingSutra

LICI: Channel Breakout

Long
NSE:LICI   LIFE INSURA CORP OF INDIA
Stock is rising in an impulsive manner after giving a breakout of the corrective channel. Stock is likely to extend its gains towards 1080-1100 zone with any weakness holding above the support zone of 940.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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