LIC Share Price Analysis – Key Support & Resistance Levels🕒 Timeframe: Daily | Symbol: NSE:LICI
LIC stock is currently showing a consolidation pattern after a decent rally from previous lows. Price action suggests that the stock is preparing for a directional move. Traders should keep an eye on the following critical levels:
🔹 Support Zone: ₹807 – ₹830
This range has held strong multiple times, indicating buying interest around this zone. A breakdown below ₹723 could lead to a deeper correction.
🔹 Resistance Zone: ₹866 & ₹1000
LIC has struggled to sustain above ₹826. A breakout with volume above ₹866 may lead to bullish momentum toward ₹1000+.
📌 Trading Viewpoint:
✅ Bullish Bias if price sustains above ₹866 & ₹1000 with volume
⚠️ Bearish Below ₹723 (watch for a breakdown retest)
🛑 Disclaimer: This is for educational purposes only. Not financial advice. Do your own research before investing.
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