Insurance sector getting better. Icici Pru Life breaking out the neck line of inverted head and shoulder pattern in weekly chart. Inverted H&S is bullish pattern. Breaking out after 2.34Y Height of the head is 228.05 which is an ideal target 848.05. Fib retracement 261.8% - 861.8 also comes near to that target. Pivot target 3 is at 887.05. April month has...
Witness the journey of HDFC Life Insurance through its complete history. Study the chart attentively, and you might glean valuable insights. From a technical perspective , HDFC Life Insurance is signaling another breakout after a substantial consolidation phase. Anticipating a move towards, and potentially beyond, its all-time high. Consider a swing low...
Buy Star Health above 555 SL 534 (21Rs) Target 1: 586 Target 2: 600 Target 3: 618 Target 4: 639 Duration 1-2 month Insurance sector is underperformed , expecting reversal in the sector. Entry before breakout with smaller stop loss
Here, is the chart of HDFCLIFE... What's your view? Bullish or Bearish??
GIC RE CMP 235 Has Given A Good Momentum Breakout And Continued It's Upmove. The Base Has Been Setting Well And The Past Resistance Zones Are Been Taken Off With Sustainable Continuous Candles. Expecting A 40% Move Here In Next 12 Months Max For Targets Of 315-330.
BUY above high of brakeout candle at 551.05 with 1:2 minimum take profit sl of 539.95
Reason for Entry + Positive Q2 result + Taking support at channel + Multiple support at 50% Fib Ret + Respect pattern history + Average volume
NSE:NIACL The trade is SWING TRADE The stock is at great support zone . The target is 100 The has consolidated from many days . This is for educational purpose.
One of the clean chart pattern is witnessed in SBI Life "Inv Head and Shoulder'" Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
SBILIFE looks good long trade as a bullish engulfing candle in Daily timeframe demand zone is in progress. Entry 1140-1144 with stoploss of 1104 for targets 1180,1210.
💎@technofunda_trader Few Important rules from my Trading Philosophy: Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. 4. Build position...
The stock price of EXIDEIND breached the Demand Zone in panic selling and now the price has regained the Daily time frame Demand Zone. Buying at cmp with stop loss of 151.60 for targets 169,183.
Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪 The company recently posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too. . The stock had given a multi-year breakout in May last year after that from September it was in a retracement phase. With the recent breakout of the last Lower High in the daily timeframe, we can...
fundamental analysis- 1. shareholding 73.42% promotor holdings ( unpledged ) 17.17% FII investors 4.14% DII investors almost 95% holdings is in strong hands. 2.performace 56.62% 1 year performance (better than peers) net sales are better than peers.( Rs.2,755 ) financials are getting quite stronger. *reason to invest in insurance sector- Having a look at the...
HDFC LIFE When insurance is part of life that means now it is essential in everyones life. i think 90% knows actual value of Insurance in Corona period. and now it becomes need. Buy at cmp 750 And add on every dip or go with SIP in same stock.
#hdfclifeinsurance potential breakout continuation broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish. stop loss could be below the breakout and entry could be above current candle high for swing trades momentum and trend is bullish in all timeframes and breakout is likely to continue more.
ICICI Lombard GIC is one of the leading private sector general insurance companies in India with a Gross Written Premium (GWP) of Rs135.92 billion for the year ended March 31, 2020. The company issued over 26.2 million policies and settled over 1.86 million claims as on March 31, 2020.(Source : Company Website) Check to the chart for more information !!!
small stoploss and huge targets. again with government showing less involvement in insurance sector and further allowance of FDI might trigger a good move. technically the stock is at trendline resistance, once broken it should follow the marked targets.