LICI - Buy for Swing TradingThis chart is forming a Channel pattern... you can buy it for swing trading.
LICI trade ideas
Mid Term Neo Wave Analysis for LICHere is the mid-term analysis for LIC stock, as per my analysis we are in the C wave for the downside so i am bearish for this stock. As soon as the C wave is complete we can see a move to the upside for the long term as we will be in the 3rd wave of a higher degree.
LIC India YR END Target near to 1488LICI Seems to be in the wave (iv) (green color) of wave 3 (gray color)
Within this wave (iv) it seems to be running wave ((iii)) which might reach till LTH-117, if so it will complete rounding bottom pattern there around budget date, if it comes down a little around 1100 in the form of wave ((iv)) then if it moves up above 1175 it will complete C&H pattern and that will set target of 1488.
The wave in green color must end above 1175 somewhere between fib levels 1260-1305. A correction in the form of wave 4 must pull it down and then the last wave 5 must end close to 1488.
Theory is hypothetical as the none of the rounding bottom or C&P pattern is completed but if my wave theory count is correct then the journey might look similar to this.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade with applying your analysis and at your own risk.
Life Insurance Corporation of India - Breakout Setup, Move is ON#LICI trading above Resistance of 1159
Next Resistance is at 1548
Support is at 835
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LIC analysis for the potential trades
Market Dominance: LIC holds a significant market share in India's life insurance industry, providing stability and resilience to its operations.
Strong Financial Performance: Over the years, LIC has demonstrated robust financial performance, with consistent growth in revenue and profits, making it an attractive investment option.
Government Backing: As a government-owned entity, LIC enjoys implicit support from the Indian government, which adds to its credibility and stability as an investment.
Potential for Growth: With India's growing middle class and increasing awareness about insurance, LIC is well-positioned to capitalize on the expanding market demand for insurance products.
Life Insurance Corporation of India - Long Setup, Move is ON...#LICI trading above Resistance of 918
Next Resistance is at 1159
Support is at 770
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
VIEW ON LICIBreakout on the stock
Stock in a good up trend
Target 1190/1240
Stop loss 1090
I am just representing my views
For educational purpose only.
LIC INDIA clear cut breakoutNSE: LICI
Nicely broken up tight range of 6 month closed above
CMP 1105
STOP-LOSS 1055
TARGET mentioned on chart read charts
investing purpose
avoid intraday
disc.,
this post is for educational purpose I am not recommending you to investing
thank you
# LIC Stock Analysis • lic stock analysis educational purpose
• Time frame 1 days , Target long time analysis stock
• support level 1050 to 1080
• Resistance level( 1112) break out after fast move possible LIC stock
• selling level 1068 to 1045 level break out after selling level
• LIC stock Bullish stock
Breakout in LICAscending Triangle Breakout Setup
RSI above 70 and rising
Trading above EMA50
Volume spurt
Disc: For study, not a recommendation
LICI BRAKEOUT --- ON DAILY CHART
NSE:LICI
I am buying this stock
Near 1080
And follow sl on 980
My target will be 1280
My risk reward ratio is 1:2
Return on capital 20%
LICIBUY Lici 1120
with the stoploss of rs 1000
target 1400 rs
its looking very bullish in weekly tf even we can see a flag & pole formation
so it can be a promising swing trade also company fundamental is way to good we can start buying this stock on very deep above 1120
#LICI VCP BO in DTF Stock after lising was in a DownTrend
and went into Stage 1 consolidation
After a Consolidtion of 500+ days the stock
went into a Stage 2 Growth Stage
the stock gave a 61% up move and went into a
consolidation forming a VCP
VCP BO with Volume
Enter at CMP on EOD closing
SL at 6%
TP at 14%
LICI Stage 2 continuation breakoutStage 2 continuation buy
Entry above 1090-1110
SL 980
Only for journaling not for the trading.
This post is for my personal use.
Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
VIEW ON LICGood chart
Stock has made a base around 985
Target 1090/1180
Stop loss 1020
I am just representing my views
For educational purpose only.
LICI heading towards new runLICI increasing volume with trendline breakout may start new run from CMP 1053
LICI, a strong name about to breakout?LICI is consolidating for almost 130 days (Good period of consolidation) after giving 100% move in 80 days.
-In DTL, BO anticipation if retest again.
-Good shakeouts
-1003 good support (AVWAP from ATH)
LIC will be Better than LIC policyCMP 1030
SL 950
Target 1080/1160/1260
LIC will be Better than LIC policy in 2024
[Swing Trade] LICI - 1056LICI has shown a great comeback! It has given a BO with good volume and now retracing..very interesting levels to watch and trade.
DYOR - this is not buy and sell reco.
LIC LOOKS FOR WEEKLY BREAKOUTAs par trading setup, where all indicators are favourable and looking for weekly breakout, the final trget in this run, would be 1800 within six months.
A Breakout Trade in LIC IndiaThe stock has given a Good move with strong volumes.
MACD, ADX and RSI are favorable for an entry above 1082.
LICI -long for 25 % Technical reasons
1. price above shorter ,medium and long term EMAs
2. 18>50>100>200 day EMA suggesting bullish momentum
3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero)
4.price restesting the horizontal trendline (IPO level),18 day EMA
5.Inside bar formation in weekly charts above 18 day EMA
6.aymmetrical traingle BO
target and SL marked
