Long - ICICIGICurrently ICICIGI closed at All Time high @ 1726.75 Along with Breakup out trade with Respecting to 20 EMA in uptrend.
Stoploss - 1600.
Target - Close the positions until it breaks previous day low or previous Market Structure.
ICICIGI trade ideas
Bluesky Breakout with 4X Relative Volume.It is one of the leading and established private sector general insurance companies in India.
Market Cap₹ 84,936 Cr.
ROE 17.6 %
InstHold 40.9%
Growth YOY :-
Sales 13%
PAT 22%
Bluesky Breakout with 4X Relative Volume.
#StocksInFocus
Amazing breakout on Weekly / Daily Timeframe - ICICIGICheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
PS: People who missed my first BO level can re-consider this BO and sustains above my level in Daily TF.
ICICIGI - Rounding bottom or Cup & Handle?NSE:ICICIGI - I've entered with half quantity (SL defined already) - will add the remaining half, when resistance zone (highlighted with yellow parallel bars) breaks 🚀
P.S. Profit booking as per capacity 😅
Base + ATH All details marked on the chart.
Trade with a Stop Loss. Trade well.
--- --- ---
When we lose money, it is human nature to want to make it all back twice as quickly.
Slow down, keep focused, and stick to your strategy.
ICICIGI Strong BuyICICIGI is a strong contender.
after making Higher high, Stock is consolidating. supported by Divergence at this levels shows Signs of Trend Continuation.
Kindly maintain Stoploss and Execute your Trades.
ICICI Lombard General Insurance Company Ltd. (10% upside potenti
Sector: Multiline Insurance & Brokers
HTF structure shows strong uptrend
on weekly chart it is in demand zone with RSI divergence which shows accumulation in demand....
Amazing breakout on Weekly / Daily Timeframe - ICICIGICheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
ICICIGI - Bullish Swing Reversal with VolumesNSE: ICICIGI is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
ICICIGI | Investment Pick📊 DETAILS
Sector: Multiline Insurance & Brokers
Mkt Cap: 67,404 cr
ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels.
TTM PE : 38.07 (Low PE)
Sector PE : 36.69
Beta : 0.71
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.63% away from 52 week high
Outperformer - ICICI Lombard General Insurance Company down by -0.47% v/s NIFTY 50 down by -2.53% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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ICICI Lombard General Insurance CMP 1415ICICI Lombard General Insurance
2nd largest player in the general insurance sector.
V40 Stock
CMP: 1415
ATH : 1629
DII & FII has increased their percentage in this stock
YOY Growth in sales / Net profit and Operating Profit
Heavy Reserves & Almost Zero Borrowings
ICICIGIICICI lombard gen Trying to retest 1430 level. If price come here with ample volume then the stock give up side move. until reach 1570. 1400 is Strong support.
ICICIGI BO [Weekly]ICICIGI BO from a large weekly base, volumes are there, this BO is happening post a gap up which happened a few weeks back. Good candidate to move ahead and follow from here.
ICICIGIwe can see the stock is taking a support at 20 sma of bollinger band and making a reversal from the point we can make a long position from here for the upside of 2 to 3% upside in this week.
ICICIGI is taking support at the breakout levelsNSE:ICICIGI gave a good breakout and now it's retesting breakout levels. If reversal continues then it can show good momentum.
ICICIGI Bullish; above 1420 on Wednesday 25 Oct. ICICIGI Bullish; above 1420 on Wednesday 25 Oct.
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose.
SWING Trading Strategy:
One may enter into a position only upon stock closing above the entry price on day closing basis and hold on for 5/10 trading sessions for larger gains
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
ICICIGI - Weekly AnalysisIn the Weekly Chart of ICICIGI ,
we can see that, it is about to give Inverted Head & Shoulder Breakout.
It might respect the breakout range one last time and the give breakout.
Expected momentum is shown in chart.
This is for swing between 13k and 14k .This is for swing between 13k and 14k . This is due to supports at either sides which will be there for some time.
low risk if hedged sell position.
Stop loss and hedge must.
ICICIGI ICICIGI formed trangle pattern.looks good only for swing trade. Trading at 1312.. Keep sl at 1299.. Target 1350.
📉 Alert! Bullish Pattern Spotted!📉 Alert! Bullish Pattern Spotted!
📊 Pattern: Flag & Pole
📌 Symbol/Asset: ICICIGI
🔍 Description: Stock has given breakout of falling channel and now Consolidating in a small lower channel.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
ICICI LombardICICI Lombard is indicating long setup built up while price has broken above previous pivot highs on weekly basis. Price is taking support of support line from past few weeks. 55W RS is on increasing trend and may cross above zero line very soon indicating better performance than Nifty50
$NSE:ICICIGI will face Resistance ? Dear Followers
I wanted to provide you with an update on the current resistance level for NSE:ICICIGI . As of now, the stock is facing a notable resistance around 1420-30 . This level has historically acted as a barrier, slowing down the stock's upward movement.
It's important to keep a close watch on how the stock behaves around this resistance. If it manages to break through and sustain trading above 1430-40 , it could signal a potential bullish momentum and it will test 1550-1600 On the other hand, if the stock struggles to overcome this resistance, we might see some consolidation or a possible pullback and Might it will test 1300-1250 .
Please feel free to reach out if you have any questions or if you'd like further analysis on the stock's performance
Best Regards,
Ajay Metha
