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...
Stock is in Consolidation Phase, after making a Higher High. Have a Tight SL for this Current Trade Set up. Good RR favours. Have your own Analysis before any trade.
Stock made a higher high and at higher low. currently in a consolidation phase. buy in parts in current levels and also at levels below it. Buy in parts for better Money management
LIC, the biggest IPO of Indian market history which was bearish since listing has finally showed the start of bullish move. We have seen great rally in government run insurance companies like GICRE and NIACL. LIC has given a breakout of inverted head and shoulders 2 weeks back. Today, it has crossed its strong supply zone near 750. We can see ATH levels in this...
Financial Performance: -Total revenue from operations grew by 33% compared to the previous year. -Net interest income increased by 83%. -Net interest margins remained above 3% for two consecutive quarters. Highest ever quaterly and yearly results. Target: 1st target 570 2nd target 660 3ld target 780 ATH level. Warning:- Please note that...
All INSURANCE sector STOCKS in breakout level watch.. Them - LICI , GICRE , NIACL , Edelweiss. - Edelweiss -you can also look on my past analysis on this stock Or should i post charts of all these stocks ?... - Highest ever quarterly sales of 13000cr and net profit of 1600 crore. - Highest ever yearly net profit in segment after LIC and highest ever sales...
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
A bullish flag & pole Chart Pattern Breakout will happen on the weekly Time frame of NSE:ICICIPRULI Price Action nees to be supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
Attached: SBILIFE Daily Chart as of 21st April 2023 For the Levels, it is already marked in the Chart (SELF EXPLANATORY) Stop Loss > 1136 Downside Target 1= 1074 Downside Target 2= 1054 For the Thesis as to why it is a SHORT: - the 17th April Candle was a Breakout Candle that turned out to be a BULL TRAP Candle, so all the Bulls that entered got Liquidated as...
GICRE High volume breakout from 152 Entry near 160 Rounding Bottom Pattern
Weekly breakout of an year long consolidation Trading above important moving averages.
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.
📈 SBI Life 📉 My Findings :- 1. Breakout from resistance zone which was support also earlier. 2. Strong Candle at breakout. 3. Close Above March 2022 High. Bias- Long Target- 1205, 1234 and 1288 SL- 1099 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more...
ICICIGI has given breakout of inside candle on the upside with increasing volume. Looks good buy for a target of 1460,1520 with stoploss of 1330
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...
The stock is not only technically looking good, fundamentally too, it is very undervalued compared to its private sector peers. Valuation will catch up in the long-term as this is the biggest General (Non-life) insurer.
#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.
The script is trading near its support line. Can expect 9% returns in 1 - 2 months. Good to hold for the long term.