ICICIPRULI - Weekly AnalysisIn the Weekly Chart of ICICIPRULI ,
we can see that, it is taking support on same level.
Expected momentum is shown in chart.
ICICIPRULI trade ideas
Stock to watch 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.
icicipru buyBuy around 512 upto 507
sl close below 505
easy tg 517
tg2 - 522
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
ICICIPRULI | Investment Pick📊 DETAILS
Sector: Life & Health Insurance
Mkt Cap: 76,359 cr
ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups. The business is conducted in participating, non-participating and unit linked lines of business. These products are distributed through individual agents, corporate agents, banks, brokers, sales force and company's website.
TTM PE : 84.20 (Average PE)
Sector PE : 18.09
Beta : 0.91
📚 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.
13.85% away from 52 week high
Underperformer - ICICI Prudential Life Insurance Company down by -5.12% v/s NIFTY 50 down by -1.09% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average 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 PRUDENTIALStock P/E: 87.4
ROCE: 10%
Company has been maintaining a healthy dividend payout of 17.0%
Rs. 244 Cr Net Profit during last quarter.
Symmetrical Triangle Patterns are awaiting on Daily and Weekly time frame.
Entry: 554
Targets: 584, 615, 645, 676 ++
SL: 522 DCB
Remark: Short Term
Disclaimer: Strictly for educational and learning purpose.
icicipruli sellrally base drop set up.. wait for price to reach the supply zone ... it is only for educational purpose and knowledge..
ICICIPRULI | HEAD & SHOULDER BODisclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
_______________
Reasons to buy:
1. Stock in Downtrend, forming a good base for reversal
2. Strong Head & shoulder foundation for reversal
3. Long Candle breakout & now CMP is retesting the Neckline
Entry: 526
SL: 514
Target: 550
RR: 2
ICICI PrulifePrice closed above Gann Levels.
Price above 20-50-100-200 on weekly basis.
HM indicator in buy
Good for long
ICICIPRULIFE BULLISH TRENDStock looks retest support level.
Looking 540 Breakout and Expected Target 560
ICICI PRUDENTIAL ICICI Prudential forming small swing in upside. In further days we expect this at 595 .
icicipru buyBuy from cmp to 527
sl close below 527
easy tg - 535
Disclaimer : This is my personal analysis for study purpose not intended for trading.
ICICIPRULI (SWING) 🚀After a good movement ICICIPRULI has a given a breakout at 585.
One can trade add this for swing as a reason looks supper bullish.
CMP-595
Target - 615/680/725/790
SL -555
I have just share my expertise, hope you all earn good profits.
Follow the given levels. this is not a buy/sell recommendation, Just for educational purpose only. Do your research & Invest.
Trading near Support 520Trading near support zone 500-520
May bounce back to 600 levels.
It is just an idea. Trade at your own risk and consult your financial advisor before Trading or investing.
ICICIpru is bullish target 671- 720ICICI Prudential Life Insurance Company Ltd. seems to be bullish with for a Target of 671 to 724 and Support at 540-558
1. RSI on Daily Weekly and Monthly time above 60
2. Price Above 20 SMA on daily / Weekly/ Monthly Charts
3. ABCD Pattern under formation
4. Price walking on upper Bollinger Bands
5. Narrowing Bollinger Bands
Disclaimer: I am not an expert I just share interesting charts here, Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Long setup in ICICI prudentialsA bullish flag & pole Chart Pattern Breakout will happen on the weekly Time frame of NSE:ICICIPRULI
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
ICICI Prudential - Cup & Handle Pattern!!ICICI Prudential is showing Cup & Handle pattern. A break-out will see price moving towards ATH and thereafter 820 as second target. Other parameters:
1. Volume is increasing
2. RSI is above 60
3. MACD is making green histrograms
"Clean Chart, Easy Chart"
Learning and Earning!!
Cheers!!
CUP & HANDLE & RESISTANCE BO MULTIPLE CONFIRMATION ON CHART
good for long
not for suggestion
only for educational purpose
ICICIPRULI Looks good for short term / long-term investment. Closing strong with high volume and proper retresment.
Trading at 595
Keep sl at 546
Target
729
808
891
972
ICICIPRULI SHARE ANALYSIS AND TARGETS On Monday 18-09-2023
we can see Pruli to correct
till 580 level
then
bounce back to 612-620 level in coming days
ICICIPRULI - Weekly AnalysisIn the Weekly Chart of ICICIPRULI ,
we can see that, it will soon give range breakout.
Expected momentum is shown in chart.
ICICIPRULI Swing Trade - Technical AnalysisHi Traders...
Please refer to chart of ICICI Pru Life
Observation:-
-Trendline resistance breakout
-Rounding Neck pattern
-RSI Bullish
-Overall Uptrend Stock
CMP 588
Upside possible - 8-10%
SL - Premium
Disclaimer:- I'm not a SEBI certified analysist. The information given by me, just for educational purpose, I'm not advising to Buy or sell of any stock.
Falling Wedge Pattern breakout in ICICIPRULIicici prudential life insurance company
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 785+.
✅Can Go Long in this stock by placing a stop loss below 430-.
