LIC INDIA - DAY CHART - 14.11.2022 - BAHAVAN CAPITALLIC INDIA posted on 12.11.2022 Buy ABOVE 640 TARGET 650 /658 and on 14.11.2022 Stock made a High 682 and closed at 664.
Happy Profitable Trading to all...
LICI trade ideas
LIC INDIA - DAY CHART - 12.11.2022 - BAHAVAN CAPITALLife Insurance Corporation (LIC) reported a net profit of
Rs 15,952 crore for the quarter ended September 30, 2022 (Q2 FY23),
from Rs 1,433 crore in the same period last year.
Due to this there could be a surge in investors interest to start accumulating the stock.
If LIC will announce much better dividend than last Qtr Dividend or Bonus Shares then it will bring back the momentum.
Wishing you all a Very Happy Weekend...
LIC LIC corrected around 30%
on the chart weekly and daily basis trend breakout has happened
target in one month 750 around
LIC still sinking downNSE:LICI
Next level targets for LIC
Please consult with your financial advisor before taking trade
LIC India-Support Line Breakdown...LIC India-Support Line Breakdown Daily Time Frame-only Education Purpose..
LICI - LONGAdding Small(30%) here and add more above 665
if reverses from here its a double bottom and strong sign of long can expect big targets.
LICI at Crucial Support Of 650LICI, is falling crazy along with rain of this year. Shoking thing is that Overall market is strong bullish NIFTY is Only 4.5% down from All Time High. In all Life insurance sector LICI Stock performance is worst. This stock wll soon be added in nifty 50, No doubt about that. Such lagard performance from market leader is not satisfactory.
Why Stock is Falling despite growth in sales
1) Streached valuation
2) Profitability , the profit margins are less if you compare it with other listed peers like SBI Life , HDFC Life.
3) Increasing of direct insurance purchase Online. As the information peculating and education rising.
View
Closing below 650 can push prices further down.
LIC Long TermThis LIC chart pattern forms a descending triangle and fundamentally its a one of the good script. i any one wish to add few percentage of lic stocks in your portfolio its a one more entry opportunity to average your position hear. Take your own analysis for your decision
LICI 1H, A stock that cannot be decrypted at all.Any suggestion to this script please.
Just placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Also you can ask for my views on any chart.
LIClic chart.. In this chart we can clearly see that one zig zag is completed ended . Now it may go down further for double zig zag
W pattern is in construction.Price action based pattern is to be seen
If it gives any sign of reversal from the marked area then you can buy it for the target of 810 to 820 in long .
LICI 1HJust placed my idea in Position drawing.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Small Resistance/Support Levels
Green: Buying or Support Zone (buy at support)
Red: Selling or Resistance Zone (but after breakout)
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
LICI SUPPORT LEVELSTraders looking to invest in LICI for the long term can buy in small quantities around 725 and 682 levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
LIC ShortAs per my analysis, LIC's major support level is at 663. So if the support breaches, then the target would be 600 at down side.
LICI. Is the trend about to change ?After several trading sessions of LICI, the stock may have found it's perfect valuation to seek investors attention at the current price levels. LICI has seen a consistent downtrend move from the day it got listed, and now this might be a turnaround.
As per the fundamentals, the stock is curently undervalued and the company is expected to give decent figures in the upcoming quarters.
Moving on to the technicals, the stock has seen a consistent downtrend and today even though the stock saw a selling pressure, the stock has managed to form a "inverted hammer" candlestick on daily basis which here can be considered as first signal of bullish movement. Although, it's worth mentioning to wait for a confirmation candle tomorrow before going long. If the bulls managed to close the stock higher tomorrow, the stock could go upto the levels of 690-710 in short to mid term. On the down side, one may consider a stop loss of 662
The above analysis is just for educational purposes, investors/traders are advised to do their own research.
LIC of indiaVery Very bearish charr
Trading levels Marked..
Try to exit near 760- 800 (if u get a chance... )
Will update more if any reversal seen.
LICILICI is showing movement well within parallel channel since 23rd May
IPO listing was on 17th may
LIC IndiaQuarterly financials
(INR) Mar 2022 Y/Y
Revenue 2.12LCr 7.96% (up)
Net income 5.11TCr 65.39% (up)
Diluted EPS - -
Net profit margin 2.41% 53.5% (up)
who buys a stock with net profit margin so low ? Nice Lollipop given.
LICI #LICI #LICIPOBreaking supports with good margins and with negative volumes
what will happened next???
it is not in position of accumulations even
Buy holdPrice support form tryed. So this place buyer zoon. Buy holding best this place. IPO options 930.
Price now 810 supper offer
LICILICI after the launch of IPO the LICI has tumbled down..as yesterday the stock has done an inside bar ..expecting the stock to touch 755 level soon.
LIC LISTING DAY UPDATE : SHOULD YOU HOLD IT OR SELL IT ??Hello !!
Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning.
Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However, we saw some buying at the Rs 872 level, pushing the price all the way up to Rs 918. As of now, with the 1 min timeframe chart, I can see the stock can touch up to Rs 941.
LIC may be a good stock for long-term buying. As of now, we need to wait for a clear picture. Let's see how the market responds by the day close and we can take a possible entry if we see some positive response.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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