LICI - Cooling OffStock coming down near its strongest support
862 - 880 (Area of strongest support)
It may go sideways before planning next direction
If cools off near 865 - 870 then a good buy opportunity with strict Sl of close below 860
Any close below 860 negates the view
Once below 860 then the same area (862-880) will start acting as strongest resistance
Licianalysis
LICI Life Insurance Corporation of India buy trade with targetsHi! this is Kapil,
I made this graph of LICI by just using simple Fib extensions and reversals for getting to the desired target.
After seeing the closing of LICI in 2024 November month i have decided to Make this Chart.
Consult your financial advisor before investing.