Buy Today, Sell Tomorrow for 3–5% – Daily Breakout SetupNEW INDIA ASSURANCE CO. LTD. — BTST BREAKOUT SETUP
Entry, Stop Loss & Targets Are Clearly Defined — Helping You Plan Your Trade With Confidence.
📊 Stock Strength: 75/100
(Note: Higher score indicates stronger stock conditions, not guaranteed returns.)
A bullish breakout has appeared on the 1D timeframe with positive price action and strong volume expansion.
🔄 Trade Type: BTST trade
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🎯 TRADE LEVELS
ENTRY: ₹229
🛑 STOP LOSS
ATR SL: ₹215
🎯 TARGETS
T1: ₹248
T2: ₹271
T3: ₹
New India Assurance Co. Ltd.
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In-depth trading ideas
One Weekly Close Can Open The Door For A 30% MoveThe stock is showing serious strength on the weekly chart. Price has finally pushed above the major 215–220 resistance zone, a level that has controlled the stock multiple times in the past. The breakout is coming with a strong weekly candle and clear expansion in volume, showing buyers are entering aggressively rather than this being a weak move. Sellers who were comfortable around this resistance are now under pressure, and if price sustains above 215–220, this old supply zone can start acting
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Roundbottom breakout in NIACL
BUY TODAY SELL TOMORROW for 5%
NIACL (Weekly): Wyckoff Spring + Stage 2 Breakout Setup BrewingAsset: NIACL (NSE)
Timeframe: Weekly
Methodology: Stan Weinstein 4-Stage Analysis & Wyckoff Accumulation Schematic
Technical Breakdown:
Stage 1 Base Completion: NIACL has been carving out a major accumulation base since late 2024. The 30-week Simple Moving Average (SMA) has flattened out and has now begun a clear upward trajectory at ₹162.80.
Wyckoff Spring Action: The dip to the ₹116.97 zone acted as a textbook Wyckoff Spring (Phase C), purging liquidity before buyers aggressively drove pr
New India AssuranceModerately Bullish (Medium Term (7.5/10)
Latest Positives
* The company remains the **largest general insurer in India**, with improving market share and strong investment assets under management.
* Valuation is still relatively attractive compared to private peers, trading at a lower P/E than companies like ICICI Lombard, Star Health and Go Digit.
* The insurance sector continues to benefit from increasing insurance penetration and improving premium growth, supporting long-term prospects.
Be
NIACL LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), and (iv), represented as blue numbers on the daily chart. Wave (v) appears to be underway at this time.
Wave (iv), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red.
Wave c of wave (iv) is unfolding in five waves, as illustrated in
Technical Analysis: NIACL Breaking the Multi-Year Downtrend🚀 NIACL: Trendline Breakout with Volume Surge!
Stock: The New India Assurance Company Ltd. (NIACL)
Current Price: ₹168.70
Timeframe: Weekly/Daily (Short to Medium Term)
📊 Technical Observation:
Multi-Month Breakout: NIACL has finally broken above a major Descending Trendline that has been acting as a strong resistance since mid-2024.
Volume Confirmation: The breakout is supported by a massive Volume Spike, indicating strong institutional buying interest at lower levels.
Trend Reversal: After
NIACL LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed impulse waves i and ii in black circle. wave i in black circle is completed in (i),(ii),(iii),(iv) and (v) and corrected wave ii in a, b and c, which are shown as blue colour numbers on the daily chart. Journey of new wave iii in black circle will start.
It is anticipated that new wave
NIACL Price ActionAs of July 30, 2025, New India Assurance Company Ltd (NIACL) stock closed near ₹204, showing a strong recovery with a sharp rally of around 17% in a single day fueled by robust Q1 earnings and positive market sentiment. The stock bounced back from earlier volatility and support levels near ₹170, with technicals indicating bullish momentum supported by moving average crossovers.
NIACL’s recent financial performance has been impressive with an 80% surge in net profit year-on-year and a 13% growth
NIACL |BULLISH BREAKOUT FROM DOWNTREND|NIACL (The New India Assurance Co Ltd) on weekly chart has broken above a downtrend resistance, closing at 204.35 (+17.77%). A bullish harmonic pattern appears to be forming, with strong buying volume supporting the move. Next resistance zones are around 220 and 250 levels.
NIACL (New India Assurance Company Ltd)- Analysis Bullish Levels -if sustain above 199 (early entry risky) then 204 or 221 (safe entry if sustain above this for a week) target can be around 266 to 283 first target, if sustain above for a week or two then we expect more upside and wait for targets around 363 to 380
Bearish levels :- if sustain below 175 then 158 below this bearish then 141 good support with SL of 124 which is also the last hope, below this more bearish.
**Consider some Points buffer in above levels
**Disclaimer -
I am no
NIACL Trading Close to Demand Zone of ₹176.8-₹169.25NIACL is currently trading at ₹174.24, nearing its demand zone between ₹176.8 and ₹169.25. This zone may attract buying interest based on past price behavior, potentially acting as a support level. Investors should keep an eye on price movements within this range for signs of a reversal or buying momentum.
NIACL - Long OpportunityCMP 238.30 on 04.06.24
A long setup is spotted on the charts. If crosses and sustains above 248, the next target can be 300+.
Skill in position sizing and accumulation is needed in this trade setup. Let this understand -
We have to buy from 238 to as low as 222. We have to buy in a way that at the time when the price drops to 222, our risk-reward ratio should be comfortable according to our risk management. That means our loss should not be more than what we have decided now.
Let's have an examp
NiaclMarket Cap
₹ 43,705 Cr.
Current Price
₹ 265
High / Low
₹ 325 / 119
Stock P/E
39.2
Book Value
₹ 172
Dividend Yield
0.78 %
ROCE
5.20 %
ROE
4.12 %
Face Value
₹ 5.00
Debt to equity
0.00
Debt
₹ 0.00 Cr.
OPM
3.21 %
Promoter holding
85.4 %
Sales growth
6.12 %
Profit growth
6.18 %
CMP / FCF
-8.86
Industry PE
44.0
Pledged percentage
0.00 %
Reserves
₹ 27,472 Cr.






















