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ICICI PRU LIFE INS CO LTDICICI PRU LIFE INS CO LTDICICI PRU LIFE INS CO LTD

ICICI PRU LIFE INS CO LTD

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ICICIPRULI trade ideas

ICICI pru good rounding bottomIciciPru good rounding bottom & 3 years breakout. Keep in radar. Targets are big, gradually till 1040 levels. 725-750 is good accumulation zone. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:ICICIPRULILong
by ashishhc
ICICI Prudential Life Insurance - STOCK Analysis ICICI Prudential Life Insurance - STOCK Analysis This chart of ICICI Prudential Life Insurance (NSE) shows a strong bullish recovery: Key Observations: Current Price: The stock is trading at ₹767.60, down by ₹1.75 (-0.23%) for the day. Rectangle Pattern: The chart displays a double bottom pattern, similar to the previous chart of HDFC Life, where the price declined significantly twice and then bounced back. The highlighted box shows the price drop of ₹327.65 (-45.51%) and the subsequent recovery. Price Projection: The projected price move is indicated by the blue arrow, suggesting a 44.48% upside from the current levels, with a target price of around ₹1,100. Volume (CVD - Cumulative Volume Delta): The CVD shows 92.16K, indicating strong buying momentum, which reinforces the bullish trend. Fundamental Analysis of ICICI Prudential Life Insurance: Strong Market Position: ICICI Prudential Life is one of the largest life insurance companies in India, holding a significant market share with a wide customer base. It has a robust distribution network through ICICI Bank branches and other channels. Profitability: Net Premium Growth: The company has been recording steady growth in its premium collection, showing resilience despite market volatility. Solvency Ratio: As an insurance company, ICICI Pru Life maintains a strong solvency ratio, which is essential for long-term growth and policyholder trust. Investment Portfolio: Insurance companies heavily invest in various financial instruments, and ICICI Pru has a balanced and diversified portfolio in equity and debt markets. This helps in managing the risks associated with market fluctuations and improving returns. Competitive Edge: Technological Adoption: ICICI Pru has been leveraging technology to improve customer experience, with innovations in policy issuance, claims processing, and online platforms. Risks: Interest Rate Sensitivity: Like all insurers, ICICI Pru’s performance is linked to interest rates. Rising rates could affect investment portfolios and policyholder returns. Regulatory Changes: Changes in insurance regulations could impact the company’s operations and profitability. Overall Analysis: The technical chart suggests a strong bullish trend, with a potential upside of 44.48% if the projected pattern completes. Fundamentally, ICICI Prudential Life is in a solid position with stable financials, market leadership, and technology-driven growth. Long-term investors may consider this stock given its strong fundamentals and technical signals. However, investors should monitor macroeconomic factors like interest rates and insurance regulations.
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NSE:ICICIPRULILong
by shivtoshiva2022
3
ICICI Prudential Life Insurance Company Limited (ICICIPRULI) Overview ICICI Prudential Life Insurance Company Limited (NSE: ICICIPRULI) is currently navigating through an ascending channel, as shown in the 3-hour chart. It’s like watching a circus performer carefully walk a tightrope – thrilling, but you never know which way it will go! Technical Pattern: Ascending Channel The price action of ICICIPRULI has been steadily climbing within the confines of an ascending channel. This pattern is characterized by higher highs and higher lows, creating a channel where the price is currently dancing near the upper boundary. Channel Resistance: The upper boundary, currently acting as resistance, is approximately near ₹770-₹775. Channel Support: The lower boundary, providing support, is hovering around ₹735-₹740. Current Price: ₹768.00 (as of the last candle close) Volume: 97.709K – indicating moderate trading activity, almost like the audience holding their breath as they watch the performer’s next move. Price Action Analysis ICICIPRULI’s price has recently tested the upper boundary of the ascending channel, but couldn’t muster the strength to break out. This is like trying to reach the top shelf without a stool – so close, yet so far! The price has pulled back slightly, hinting at a potential consolidation before the next big move. What to Watch For Breakout or Breakdown?: The key question is whether ICICIPRULI will break above the channel's resistance or succumb to the support line. A breakout could lead to a bullish run, while a breakdown might see the stock tumble towards lower levels. Volume Confirmation: Watch the volume closely. A breakout with strong volume could confirm the move. On the other hand, if the price breaks down with increased volume, it could signal a bearish shift. RSI and Other Indicators: Keep an eye on RSI and other momentum indicators to gauge the strength of the current trend. Possible Scenarios Bullish Scenario: If ICICIPRULI breaks above the channel resistance with significant volume, it could head towards the next resistance levels around ₹800-₹810. Bearish Scenario: If the stock fails to hold the channel support and breaks down, we could see a pullback towards ₹735 or even lower. Conclusion ICICI Prudential Life Insurance Company Limited is at a critical juncture, much like that tightrope walker deciding whether to step forward or retreat. While the ascending channel provides a structured path, the real question is – will the stock perform a grand finale with a breakout, or take a cautious step back? Stay tuned, and remember to enjoy the show while keeping an eye on those risk management strategies!
NSE:ICICIPRULI
by TRADING-NASA
ICICI PRU 1HRINTRADAY / SWING TRADE - EARN WITH ME DAILY 10K-20K – ICICI PRU Looking good for Downside.. When it break level 740.50 and sustain.. it will go Downside... SELL @ 740.50 Target 1st 734 2nd 729 FNO ICICIPRU AUG FUT – LOT 5 (Qty-7500) ICICIPRU AUG 750 PE – LOT 5 (Qty-7500) – PRICE (15.50) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:ICICIPRULIShort
by Prashant019
ICICIPRULI 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – ICICIPRULI Looking good for Downside.. When it break level 739 and sustain.. it will go Downside... SELL @ 739 Target 1st 735 2ND 731 FUTURE AND OPTION ICICIPRULI AUG FUT – LOT 5 (Qty-7500) ICICIPRULI AUG 770 PE – LOT 5 (Qty-7500) – PRICE (35.55) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:ICICIPRULIShort
by Prashant019
ICICIPRULI & DEEPAKNTR - Breakthrough of the Rounding Bottom ICICI PRUDENTIAL The stock experienced an upward trend, forming an Ascending Broadening Wedge pattern that suggested a bearish outlook. Following a breakdown, the stock price fell sharply and entered a consolidation phase. During this period, the stock exhibited progressively smaller price fluctuations, establishing a series of consolidation bases, each one tighter than the last, formation of a Volatility Contraction Pattern. After breaking through this phase, the price reached an all-time high and is now set to climb even further. DEEPAK NITRITE During the upward trend, the stock price established a Pole & Flag pattern, signaling a continuation of the trend. However, following the breakout, the price underwent a significant consolidation phase, resulting in the formation of a Rounding Bottom pattern. Recently, a breakout has taken place, indicating that the price is poised for an upward movement.
NSE:ICICIPRULILong
by GoodluckCapital
1