ICICIGI - 45% RETURNS!!!BUY - ICICI LOMBARD GEN
CMP - Rs. 1071
Target - 1: Rs. 1364
Target - 2: Rs. 1537
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Technicals - 1) Harmonic Pattern - Cypher
2) Targets set using Fibonacci Retracement
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Key stats
Market capitalization
528.816BINR
Dividends yield (FY)
0.88%
Price to earnings Ratio (TTM)
33.20
Basic EPS (TTM)
32.70INR
About ICICI LOMBARD GENERAL INSURANC
ISIN
INE765G01017
Sector
Finance
Industry
Specialty Insurance
Website
icicilombard.com
CEO
Bhargav Dasgupta
Headquarters
Mumbai
Employees
12.754K
Founded
2000
ICICI Lombard General Insurance Co. Ltd. engages in the provision of general insurance products and services. It operates through the following segments: Fire, Engineering, Marine Cargo, Marine Hull, Motor OD, Motor TP, Workmen Compensation, Public/Product Liability, Personal Accident, Aviation, Health, Credit Insurance, Crop/Weather Insurance, and Others. The company was founded on October 30, 2000 and is headquartered in Mumbai, India.
ICICIGI in to bearish trend continue ICICIGI looks continue of short direction closing below 1080 price can fall till 1000 stop loss 1130
one can long only if closing above 1130 stop loss 1080 target 1250
ICICGI looks attractive buyICICIGI looks good buy around current level of 1136 with SL 0f 1106 as the stock has thrown out most of the early dip buyers. Target 1179, 1209 looks possible in Feb to Mar.
ICICI Lombard General Insurance Company LtdICICI Lombard General Insurance Company Ltd
Chart Pattern - Head and shoulder Pattern
Entry Price 1115
Target 850
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
icici giSwing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
Should you go long ?
ICICI GI at demand zone -1100-1120
SL- very small(1070-1085) 3%
TARGET-1220, 1275, 1340
ICICIGIIn the Daily chart of ICICIGI, we can see that it is demand zone.
let it form a bullish candle or chart patter.
Enter for Long term with small SL.
[Bounce] ICICIGI Buy IdeaDowntrend became a Sideways trend and now has taken support.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the
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Income Statement
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