ICICI Prudential Life Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups. Market Cap ₹ 83,099 Cr. Current Price ₹ 577 Stock P/E 91.1 ROCE 10.0 % ROE 8.45 % Debt to equity ...
SYMBOL - ICICIPRULI There is a flag & pole pattern on daily time frame in ICICI PRU LIFE. CMP is 520 I am taking long position in march futures here at CMP for 560-590 target. Stoploss would be 498. It is in good support zone & consolidated here. I think it is ready to blast. After breaking out above 530, It will move towards 560 & 590 very...
The following observed in the stock:- 1. Bulish Flag Pattern. 2. Breakout from the downtrend. 3. MACD is positive on weekly and daily time frame and crossed centre line. 4. RSI is supper bullish on weekly and daily time frame. So, 615 and 650 levels can be expected in the Mar series, 560 CE with 540 PE is good to hold for Mar series. 5.
The stock has been forming a beuatiful complex cup and handle pattern which exhibits mulitple handles or cups moreover it has been quite long consolidation phase for the stock . It has touched the crucial resistance level of 606 5 times and is expected to do so again in couple of weeks , upon reaching that it can give colossal breakout as the resistance level has...
Consolidate last few trading sessions, break out with volumes may it move further
* Up side trend line break out. * Looking good at this place * Buy bullish pattern or Retest * Only educational purposes
ICICI PRUDENTIAL looks like forming Inverted Head & Shoulder.( I-H&S ) Currently right shoulder is forming. Looks like reversing, but not yet confirmed. Just a technical pick as Fundamentals doesn't look good. Need to cross Monthly Resitance to confirm I-H&S breakout. SL & Targets are given as T1, T2, T3.
ICICI PRULI is good on fundamentals. Price action is showing strength. Do keep this stock in your watchlist.
SYMBOL : ICICI PRU LIFE Currently trading at long term support zone of 500-510. A descending triangle pattern in making. Breakout of this pattern will lead to 545-562 & 580. Long position can be taken at CMP 514-515 with SL of 500.
ICICI PRULI might give a good swing or positional trade Entry after sustaining between 488-490 Stoploss at 478 targets will be at 500,510,512++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
forming reverse head & should with a beautiful bull flag. i hope this will work
ICICIPRULI- Stock seems to be wk from current trading zone of 545-50 shorting opportunity with an sl of 558 can give a target of 500+ in upcoming sessions.
A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, identify the first break of Higher High after a Lower High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the...
On the weekly chart, there is a tilted neckline head and shoulders and a double bottom created on a recent past few weeks' candles. It is giving a bullish momentum to the stock that can make the stock march towards its all-time high. A perfect volatility contraction is seen from a longer time to higher time.
icici pruli can give a good break out if sustains above 547 entry at 547 if sustains properly Stoploss at 538-39 swing targets like 554,563 and above Note: if any trade or value thats gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
The stock has formed a downward channel in the past few days which was retested by the stock. The price is likely to move around in the same direction for the next few days. however, there is a strong support near the 505price range. If it breaks that support, the idea will be further strengthened. If it takes support, wait for the reversal confirmation
In the Weekly Chart of ICICIPRULI , we can see that, it is taking support on same level. Expected momentum is shown in chart.
Trading near support 505/510 Likely to bounce back It is just an idea Trade or invest at your own risk Consult your financial advisor before Trading or Investing.