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Licindia

Weekly Bullish Flag Breakout in LICI with 30% upsideHi, The Largest Life Insurer of country NSE:LICI LICI has given a Bullish Flag Breakout on weekly charts with very good volume. MACD is also on the bullish side on daily time frame and expecting to turn positive on weekly time frame. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario I am expecting that the bullish momentum will continue. Complete price projection mentioned on the charts for educational purpose. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:LICILong
by raigvivek
LIC: Poised for a Breakout?Key Points: LIC is currently trading at ₹906, near its IPO price of ₹906. A breakout above ₹906 could signal a bullish move. A pullback to ₹728 could offer a good entry point for long positions. Technical Analysis: The stock is testing a key resistance level. A breakout would confirm a bullish trend reversal. Volume is increasing, indicating growing interest. The RSI is in the bullish zone, suggesting momentum is building. Strategy: Bullish: Buy LIC if it breaks above ₹906 with a stop-loss at ₹880. Target a move to ₹1050 and ₹1150 in the medium term. Neutral: Wait for a pullback to ₹728 to initiate a long position. Risk Management: Set a stop-loss to protect your capital. Monitor the stock's price action and adjust your strategy accordingly. Disclaimer: This idea is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
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NSE:LICILong
by TRADING-NASA
3
LICI: Preparing for a third waveAFTER A 5-WAVE UPMOVE FROM THE ROCK BOTTOM, PRICES RETREATED BACK LOWER TOWARDS 50% FIBONACCI RETRACEMENT ZONE AND BOUNCE BACK SHARPLY. STOCK HAS GIVEN BIGGEST INTRADAY SINCE IPO. After a five-wave advance from the rock botom, prices retreated back lower towards 597 which is 50% fibonacci retracement zone. From there stock has bounced back sharply which is the biggest intraday gain since IPO. We are watching to see a sharp advance in the coming months. A break above 750 shall confirm that stock has started it's third wave and is likely to break the all time high in the coming months.
NSE:LICILong
by TradingSutra
LIC INDIA - DAY CHART - 12.11.2022 - BAHAVAN CAPITALLife Insurance Corporation (LIC) reported a net profit of Rs 15,952 crore for the quarter ended September 30, 2022 (Q2 FY23), from Rs 1,433 crore in the same period last year. Due to this there could be a surge in investors interest to start accumulating the stock. If LIC will announce much better dividend than last Qtr Dividend or Bonus Shares then it will bring back the momentum. Wishing you all a Very Happy Weekend...
BSE:LICI
by UnknownUnicorn19608572