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Lifeinsurance

LIC for 30%+ gainsDate: 5 Oct’24 Stock: Life Insurance Corp of India Timeframe: Daily LIC seems to be forming a complex diagonal in Wave V which could end at a minimum level of 1270+ (>30% from current price of 970) as seen in the chart. It could even go higher to around 1400 levels which will be confirmed only as the trend develops. It seems to have completed Wave B on 4th Oct or may form another lower low to complete it and then move higher in Wave C of V. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. Aida lagata hai ki LIC Wave V mein ek jatil vikarn bana raha hai jo minimum 1270+ ke star (970 kee maujooda keemat se>30%) par samaapt ho sakta hai, jaisa ki chart mein dekh sakte hain. Yeh lagabhag 1400 ke star tak bhee ja sakta hai jiski pushti trend vikasit hone par hi hogi. Aisa lagata hai ki 4 Oct ko Wave B poora ho gaya hai ya ise poora karane ke lie ek aur nichala nimn bana sakata hai aur phir V ke Wave C mein oopar ja sakata hai. Yeh koi trade karne ki salah nahin hai. Kripya apna vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
NSE:LICILong
by DhandhaPaani
LIC LISTING DAY UPDATE : SHOULD YOU HOLD IT OR SELL IT ??Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However, we saw some buying at the Rs 872 level, pushing the price all the way up to Rs 918. As of now, with the 1 min timeframe chart, I can see the stock can touch up to Rs 941. LIC may be a good stock for long-term buying. As of now, we need to wait for a clear picture. Let's see how the market responds by the day close and we can take a possible entry if we see some positive response. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:LICI
by ScramblerG
4
Long HDFC Life | Buy on dips till 660 | Possible Breakout1. Around strong support zone 656-665 2. Retracement done from high to low (More than 0.618 fib level) , but currently above 0.618 fib level 3. Consolidation going from few days (possible breakout anytime) 4. MACD about to give crossover* 5. Taking support from almost an year old trendline ( starting from 12 June 2020) 5. Decent delivery percentage (around 40% on 21/ 05 /2021) TIP : BUY ON DIPS TILL 660....(eg : if you want to take 50 quantity .. take 20 then if goes down take 15 more... then 15more and so on till 660 SL - 654 FAVOURABLE RISK TO REWARD = 2:5 (for Target ->725) Feel free to share your feedback and queries.
NSE:HDFCLIFELong
by Himalaya_Sudan