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.
ICICI PRULI might give a good swing or positional trade Entry after sustaining between 488-490 Stoploss at 478 targets will be at 500,510,512++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
forming reverse head & should with a beautiful bull flag. i hope this will work
ICICIPRULI- Stock seems to be wk from current trading zone of 545-50 shorting opportunity with an sl of 558 can give a target of 500+ in upcoming sessions.
A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, identify the first break of Higher High after a Lower High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the...
On the weekly chart, there is a tilted neckline head and shoulders and a double bottom created on a recent past few weeks' candles. It is giving a bullish momentum to the stock that can make the stock march towards its all-time high. A perfect volatility contraction is seen from a longer time to higher time.
icici pruli can give a good break out if sustains above 547 entry at 547 if sustains properly Stoploss at 538-39 swing targets like 554,563 and above Note: if any trade or value thats gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
The stock has formed a downward channel in the past few days which was retested by the stock. The price is likely to move around in the same direction for the next few days. however, there is a strong support near the 505price range. If it breaks that support, the idea will be further strengthened. If it takes support, wait for the reversal confirmation
In the Weekly Chart of ICICIPRULI , we can see that, it is taking support on same level. Expected momentum is shown in chart.
Trading near support 505/510 Likely to bounce back It is just an idea Trade or invest at your own risk Consult your financial advisor before Trading or Investing.
Buy around 512 upto 507 sl close below 505 easy tg 517 tg2 - 522 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
📊 DETAILS Sector: Life & Health Insurance Mkt Cap: 76,359 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...
Stock P/E: 87.4 ROCE: 10% Company has been maintaining a healthy dividend payout of 17.0% Rs. 244 Cr Net Profit during last quarter. Symmetrical Triangle Patterns are awaiting on Daily and Weekly time frame. Entry: 554 Targets: 584, 615, 645, 676 ++ SL: 522 DCB Remark: Short Term Disclaimer: Strictly for educational and learning purpose.
rally base drop set up.. wait for price to reach the supply zone ... it is only for educational purpose and knowledge..
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions. _______________ Reasons to buy: 1. Stock in Downtrend, forming a good base for reversal 2. Strong Head & shoulder foundation for reversal 3. Long Candle breakout & now CMP is retesting the Neckline Entry: 526 SL: 514 Target: 550 RR: 2
Price closed above Gann Levels. Price above 20-50-100-200 on weekly basis. HM indicator in buy Good for long
Stock looks retest support level. Looking 540 Breakout and Expected Target 560