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GICRE

LIC for 30%+ gainsDate: 5 Oct’24 Stock: Life Insurance Corp of India Timeframe: Daily LIC seems to be forming a complex diagonal in Wave V which could end at a minimum level of 1270+ (>30% from current price of 970) as seen in the chart. It could even go higher to around 1400 levels which will be confirmed only as the trend develops. It seems to have completed Wave B on 4th Oct or may form another lower low to complete it and then move higher in Wave C of V. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. Aida lagata hai ki LIC Wave V mein ek jatil vikarn bana raha hai jo minimum 1270+ ke star (970 kee maujooda keemat se>30%) par samaapt ho sakta hai, jaisa ki chart mein dekh sakte hain. Yeh lagabhag 1400 ke star tak bhee ja sakta hai jiski pushti trend vikasit hone par hi hogi. Aisa lagata hai ki 4 Oct ko Wave B poora ho gaya hai ya ise poora karane ke lie ek aur nichala nimn bana sakata hai aur phir V ke Wave C mein oopar ja sakata hai. Yeh koi trade karne ki salah nahin hai. Kripya apna vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
NSE:LICILong
by DhandhaPaani
GICRE-An insurance stock for long term!GICRE has given a breakout from downtrend has retested the 200 levels yesterday. This stock is looking good as an positional bet. SL can be below 175 weekly closing basis. Targets can be minimum 300 and then above it hold for long term as an investment pick as per your risk appetite. Stock has good fundamentals available at cheap P/E ratio of 5.2 at CMP. Stock also offers dividend yield of above 3% and is in business of reinsurance. Idea shared for educational purpose only.
NSE:GICRELong
by chartistamey
11
General Insurance Corporation of India - Long Setup, Move is ON.#GICRE trading above Resistance of 370 Next Resistance is at 449 Support is at 308 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GICRELong
by MandeepSinghKohli
General Insurance Corporation of India - Long Setup, Move is ON.#GICRE trading above Resistance of 265 Next Resistance is at 370 Support is at 195 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GICRELong
by MandeepSinghKohli
GICRE - Ichimoku BreakoutStock Name - General Insurance Corporation of India Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 261 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:GICRELong
by nikunjbhadja
General insurance corporation of India - Retesting Breakout #GICRE CMP - ₹.226 Company engaged in the business of reinsurance. 85 % promoter holdings with zero promoter pledge and zero debt. Annual net profits are increasing for last two years. ROCE, ROA,ROE increasing for last two years. Stock is near it's 52 week high with significant volumes. FII's are increasing their shareholdings. Stock is trying to escape from its two year long parallel channel. Also it have a resistance at 240 levels. If it breaks these two then 300 levels can be approachable very soon. Both fundamentally and technically looking good. Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
NSE:GICRE
by DevanNaayar
Simple Positional Buy Trade Setup | General Insurance [mid term]NSE:GICRE I am posting this on request from one of the follower from Twitter. It gave breakout of 140 level with gap up opening on 11-11-2021. And on 12-11-2021 it sustain above it. Major breakout level is 150 level. Also on Daily time frame we can see rounding bottom pattern with neckline near to 150 level range. Trade Setup: There will be two scenario: 1) It will come down again to test 140 for the support and fill the gap. Once it get support then one can enter the positional buy trade. Keep SL of 135 for this trade with 1st target of 150 and then on breakout of 150 level above targets will be open. 2) It will immediately give breakout of 150 level and if it sustain above 150 level then one can take positional buy trade with SL of 139.50 and all above level as target. --------------------------- Now if you are impatient then you can take positional buy trade from CMP with SL of 139.50 with all above target for short-mid term only. Please note: This is my personal view. Please consult your financial advisor before any type of investment.
NSE:GICRE
by Trading_hawk
GICREFew reasons to focus on this stock: It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave. It is at monthly trendline support.This is a very strong support It is backed by Dis-investment theory. Any strong reversal can make this stock fly Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time. Hope it gives a proper and promising reversal from the mentioned zone. CHART & ANALYSIS ADARSH DEY
NSE:GICRELong
by AdarshDey
3