📊 DETAILS Sector: Life & Health Insurance Mkt Cap: 83,579 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...
1. Reversing from inverted h&s neckline. 2. Can be sold on cmp or on rise. 3. SL & Targets are marked by position tool. 4. Orange trendline poked and reversed.
stock has form inv head and shoulder pattern , it will intresting to see the breakout or reversal only for learning purpose not for sugeestion
Stock is getting ready for big push Once cross 615 650+ invest Long Massive surges 650 CE April series
Classical head and shoulder pattern visible in ICICIPRU Level to watch 600 to 620 Manage your Risk. ## For Learning Purposes
STRENGTHS: Strong Momentum: Price above short, medium and long term moving averages Company with Low Debt Company with Zero Promoter Pledge Near 52 Week High WEAKNESS: Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years Declining Net Cash Flow : Companies not able to generate net cash. OPPORTUNITY: Decrease in Provision...
ICICI Prudential Insurance Weekly Analysis Preparing Inverted head and Shoulder Pattern ( on verge of Breakout) Buy above closing 600 above only Target 750- 900-1000-1200-1500+ SL 450 ( Candle closing basis) holding period 2-3 years
have been keeping eyes on ICICI prudential from very long... now seems like its gonna shoot sky rocket. ADD FRESH POSITIONS TODAY
In the Weekly Chart of ICICIPRULI , we can see that, it is about to give Inverted Head & Shoulder breakout. Also, it is looking very strong and bullish. Let it retest the trendline. Expected momentum is shown in chart.
ICICI Prudential Life Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups. Market Cap ₹ 83,099 Cr. Current Price ₹ 577 Stock P/E 91.1 ROCE 10.0 % ROE 8.45 % Debt to equity ...
SYMBOL - ICICIPRULI There is a flag & pole pattern on daily time frame in ICICI PRU LIFE. CMP is 520 I am taking long position in march futures here at CMP for 560-590 target. Stoploss would be 498. It is in good support zone & consolidated here. I think it is ready to blast. After breaking out above 530, It will move towards 560 & 590 very...
The following observed in the stock:- 1. Bulish Flag Pattern. 2. Breakout from the downtrend. 3. MACD is positive on weekly and daily time frame and crossed centre line. 4. RSI is supper bullish on weekly and daily time frame. So, 615 and 650 levels can be expected in the Mar series, 560 CE with 540 PE is good to hold for Mar series. 5.
The stock has been forming a beuatiful complex cup and handle pattern which exhibits mulitple handles or cups moreover it has been quite long consolidation phase for the stock . It has touched the crucial resistance level of 606 5 times and is expected to do so again in couple of weeks , upon reaching that it can give colossal breakout as the resistance level has...
Consolidate last few trading sessions, break out with volumes may it move further
* Up side trend line break out. * Looking good at this place * Buy bullish pattern or Retest * Only educational purposes
ICICI PRUDENTIAL looks like forming Inverted Head & Shoulder.( I-H&S ) Currently right shoulder is forming. Looks like reversing, but not yet confirmed. Just a technical pick as Fundamentals doesn't look good. Need to cross Monthly Resitance to confirm I-H&S breakout. SL & Targets are given as T1, T2, T3.
ICICI PRULI is good on fundamentals. Price action is showing strength. Do keep this stock in your watchlist.
SYMBOL : ICICI PRU LIFE Currently trading at long term support zone of 500-510. A descending triangle pattern in making. Breakout of this pattern will lead to 545-562 & 580. Long position can be taken at CMP 514-515 with SL of 500.