Black Friday saleUp to 70% OFF
LIFE INSURANCE CORPORATION OFLIFE INSURANCE CORPORATION OFLIFE INSURANCE CORPORATION OF

LIFE INSURANCE CORPORATION OF

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

LICI trade ideas

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.
NSE:LICILong
by Ratnesh2107
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. Please like and share and comment on this idea if you liked it.
NSE:LICI
by ScramblerG
4