A possible target of LICI It's negative on weekly and possible target are as mentioned in the chart. Do mantain the Sl, if your're taking the trade.
Note: This is only for educational purposes, I do not provide any type of tips.
LICI trade ideas
LICIPrice always support trend line means stock in a uptrend zone.
Price above in DEMA also means stock in a uptrend zone.
If the trend line break and make lower high lower low formation it means trend reversal.
20Dema is a dynamic support 644 wait and watch situation as now.
Don't make any entry 🚫
Wait for confirmation.
Macd & Rsi also show little weakness in trend.
Disclaimer:- This is my personal view for education purpose only.
No Buy sell recommendations give by me.
LICCompany is almost debt free.
Company has delivered good profit growth of 71.6% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 108%
it is far below ipo listing price
recently company has shown good revenue generation with good profit margins
IT HAS FORMED COMPLEX HEAD AND SHOULDER PATTERN
FIRST TARGET WILL BE AROUND T1-750 which is recent high
SECOND TARGET WILL BE NEAR IPO PRICE T2-910
LIC RISING WEDGE PATTERNRising Wedge pattern has been formed on LIC breakout is done now it's consolidating in a range downside breakout of the range will give a good bearish impulse.
Expected Targets are:
TP1 - 635.30
TP2 - 626.50
TP3 - 623
LONG in LICI with a small SL for Big Targets.After making a cup n handle formation LICI is holding up near 50EMA and above 200EMA since last 25 trading sessions, this 615-635 level is also a retesting zone of support area after a Breakout of Cup n Handle formation. Thus we may consider this phase as cool-off period prior to a fresh Breakout. Levels are mentioned on Chart itself.
As Stop Loss is very small here, this trade suits me.
Do comment below if you have any opinion.
Happy Investing :)
LIC of India trying to make a comeback after consolidation.Life Insurance Corporation of India is the largest multinational insurance corporation and an institutional investor with an asset under management of more than 45 trillion INR. The company offers insurance plans, pension plans, unit linked plans, withdrawn plans and health plans with many other group schemes.
Life Insurance Corporation CMP is 635.75. Negative aspects of the company are declining cash from operations and MFs are decreasing stake. Positive aspects of the company are improving annual net profits, no debt and zero promoter pledge.
Entry after closing above 643. Target of the call will be 653 and 666. Long term targets in the stock will be 681 and 704. Stop loss in the stock should be maintained at closing below 595.
LIC LEVELS 15.06.2023 (D Candle) LIC India waiting for break out ,once its breaks 610 at monthly candle ,momentum will start
LICI ALL LEVELSall levels show where it can bounce back from
it is at 50EMA & RSI on 59 showing some strength with rising volume
bought lic todayBought @567.50 for a short term momentum trade however long term bullish trade will be activated above 680 at this time it is a momentum trade with a stop below 545 will update about exit or if i add more
near a short term break outthe trendline breakout will give a boost in short term however i am holding at this point a breakout of this trendline if confirmed fresh positions can be added here
LIC - Long termLIC - Anniversary week has given a very good move so far and at the resistance now..
Once it crossed 594, it's going to give a good move
LICI - Weekly AnalysisIn the Weekly Chart of LICI ,
we can see that, it might start building Price Action in upward direction.
Halt candle has been created.
LICI view for ATL need to break for more fallLICI view for today 23rd Feb Thursday
583.15 ALL TIME LOW...
Below 580 sustain then more fall chance in short time frame
If touch 583 then it will be tripple bottom....
Charts for Educational purposes only.
Please do follow strict stop loss and risk reward if you follow my level
Thanks,
V Trade Point
LIC Looking Good For Swing Trade 580 is good level to enter for swing trade in LIC, in upcoming days we can see a more highs
Buy LIC from this level Result fabulous aye hainLIC has posted awesome result,,,and now its trading in lower range,,this has fallen due to ADANI GROUP but this is best time to enter for short term as well as long term,,level i have already put on chart..Trade accordingly but really this is best level, you might won't get these level again.
Please guy's like and follow me for future updates.
Thankyou:))
LIC i have found the pattern on chart and mark the level on cha i have found the pattern on chart breakout and breakdown happen be ready for it
LIC LIC INDIA today falls more than 8% as Adani stocks falls down Now this stock is again at ALL TIME LOW Now may be it fall more or hold here
LICin this chart we see that one zig zag is completed . also one up trend is completed in form of 5 waves.
now this chart is about to complete its correction after that we can see 1 big bullish move . if you want to take position in lic this is the main levels.. your stoploss must be in 586 range. If it retest this range we can see one big rally .. goof for long term .. Invest at our own risk this is not guaranteed chart.. this is as per my technical which i learnt from past years..
lets talk about falling IPO or ico what ever it was HI there TV what every i share is not a finical advice my objective here is to educate you i don't take responsibility for your loss you are a rational adult do your own research before doing anything
so after hanseberge brake down of adani firms and made quite the Accuse we can't ignore them as an investor and traders it our responsibility to be natural as much as we can
that reports might be true might be wrong, but there is sharp move down
the motive of this post is to let you know the key levels and what can happen, first we proceed with bearish case
once lic lost 636 and 588 there is big swing can come here which can drop the prices to 480 that a minimum target
now talk about bullish case it does look like a head and shoulder and to compete this condition lic should respect 649 or 636 once lost it the bearish case would take charge
we will be updating what happen in charts future so support us like share comment
be rational happy trading k910 out
Har har Mahadev
One can start accumulating LICI stockOne can start accumulating LICI stock. Price movement predictions and target are shown in chart.
LICi has a target of 735/737Stock is heading up to the confluence of D point if BUTTERFLY patten, D point of ALT.AB=CD pattern and 50 % fib.retracement.....approx.target 735/737
