Market Dominance: LIC holds a significant market share in India's life insurance industry, providing stability and resilience to its operations.
Strong Financial Performance: Over the years, LIC has demonstrated robust financial performance, with consistent growth in revenue and profits, making it an attractive investment option.
Government Backing: As a...
LIC is one of the largest PSU which is now a good swing as well as investment stock.
I had posted idea of LIC when it was completing its rounding bottom pattern.
Swing targets are upto 50% and investment targets are 2x and above.
LICI is ready for bullish rally now, We do see a range breakout in LICI and now we are expecting 10 % move in share of LICI and LICI is biggest Domestic investor in india and as per the news LICI get 40% increase in their investment from Adani group, So it will clearly impact on their profitability.
LICI : CMP : 972
TARGET 1020
STOP LOSS : 940
Hi,
The Largest Life Insurer of country NSE:LICI LICI has given a Bullish Flag Breakout on weekly charts with very good volume.
MACD is also on the bullish side on daily time frame and expecting to turn positive on weekly time frame. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish...
🔔 BUY Signal Alert! 🔔
🔗 Ticker: LICI
🌐 Market: India Equities
🔄 Side: Long
⏱️ Type: Swing Trade
🎯 Entry: 1003.8
🛑 Stop Loss: 973.4
🥇 First Profit Target: 1047.8
🏆 Final Profit Target: 1092.6
The CHAMLEO EDGE model uses a proprietary algorithmic program at the pre-market auction to identify potential stocks for each day. The algorithm then calculates where there...
Stock is rising in an impulsive manner after giving a breakout of the corrective channel. Stock is likely to extend its gains towards 1080-1100 zone with any weakness holding above the support zone of 940.
Life Insurance Corporation of India | Strong Momentum Stock
Life Insurance Corporation (LIC) is the largest insurance provider company in India.
Financial: Excellent
Market Cap = 5,26,620 Cr. ROCE = 149 % ROE = 130 %
Debt to equity = 0.00 Promoter holding = 96.5 % Piotroski score = 8.00
Quick ratio = 3.03 Current ratio =...
As the stock has came into uptrend, previous hurdel in the stock was 947, which is sutaining well by the stock, upcoming level 1350 and 1600 can be seen in the stock in the coming days.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Stock: ASX:LIC
Trading Strategy: Swing Trade
Hourly Chart Analysis:
ASX:LIC is currently in an overbought zone.
Caution advised as slight profit booking is anticipated.
Buying Opportunity:
Look for buying opportunities below the range of 1020 - 1015.
Favorable entry point: Cross below the middle Bollinger Band.
Disclaimer:
This is not financial advice.
Perform...
