LICI is again a BUY on technical charts !!!LICI looks good at cmp for a move upto 1300 in near term.
Stop below 900 on daily closing basis.
Lifeinsurancecorpration
Life Insurance Corp of India (LIC) BreakOut OpportunityDate : 17-Aug-2023
Rating : Buy
LTP : Rs. 659.65
Target: Rs. 678-->706-->724
SL : 645
NSE:LICI has given a break out from its primary down trend as well as from its resistance level of 650 with increased volume. 7/13/26 DEMA is showing bullish trend. MACD cross over is already done and RSI is showing strength to support bull run.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
