LICI trade ideas
Symmetrical Traingle BD Stock is so weak since its listing reached first triangle target & may test 2nd target to lower side around 550 levels.Daily Time Frame - Idea
Lic of india forming double bottom pattern LICI looking double bottom formation with increasing volume may breakout in coming days ... first Target will be 720.
#LICI cash : breakout point 685 for delivery#LICI Cash - Positional call
13.09.2022
Breakout points 685 for delivery
Support at 650
LIC is in a great buy-in zone for mid term or Long term. Warning: Only for risk-taker Investors . The share is at a risky level. However, I am very positive and confident share will not break the support level of 650.
STRATEGY: When share touch 650 and bounce back with a green candle then buy in small lots say 25. When there is again an upward movement in the stock, then again we will add a quantity.
Buying @ CMP 650-655
Target : 670-675
SL - If the Support level breaks 650, then we don't know how much it will go down. So as per your risk percentage say 5% you decided, then calculate the risk and put SL.
MSFT SHORT
study(title="BestIntradayTips", shorttitle="BIT", precision=0, overlay=true, scale=scale.left)
trendDetectionLength=input(2)
showDistributionBelowZero=input(false, type=bool)
mov = close>close ? 1 : close= dif
wave=(trend != nz(wave )) and isTrending ? trend : nz(wave )
vol=wave==wave ? (nz(vol )+volume) : volume
up=wave == 1 ? vol : 0
dn=showDistributionBelowZero ? (wave == 1 ? 0 : wave == -1 ? -vol : vol) : (wave == 1 ? 0 : vol)
input_src = wave == 1 ? vol : 0
input_ma_period = input(50, title="Moving average")
input_max_height = input(1000, title="Maximum value on left bar")
ma = sma(input_src, input_ma_period)
normalized_volume = min(input_src / ma * 100, input_max_height * 1)
plot(input_max_height, transp=100, title="")
//
input_src1 = showDistributionBelowZero ? (wave == 1 ? 0 : wave == -1 ? -vol : vol) : (wave == 1 ? 0 : vol)
input_ma_period1 = input(50, title="Moving average")
input_max_height1 = input(1000, title="Maximum value on left bar")
hline(0)
hline(250)
hline(500)
hline(750)
ma1 = sma(input_src1, input_ma_period1)
normalized_volume1 = min(input_src1 / ma1 * 100, input_max_height1 * 1)
resCustom = input(title="Timeframe", type=resolution, defval="1440" )
v=security(tickerid, resCustom,normalized_volume)
resCustom1 = input(title="Timeframe", type=resolution, defval="1440" )
v1=security(tickerid, resCustom,normalized_volume1)
a=v>0 and v1<50
b=v1>0 and v<50
bgcolor(a > 0 ? blue : na, transp=80)
bgcolor(b > 0 ? red : na, transp=80)
Msstudy(title="BestIntradayTips", shorttitle="BIT", precision=0, overlay=true, scale=scale.left)
trendDetectionLength=input(2)
showDistributionBelowZero=input(false, type=bool)
mov = close>close ? 1 : close= dif
wave=(trend != nz(wave )) and isTrending ? trend : nz(wave )
vol=wave==wave ? (nz(vol )+volume) : volume
up=wave == 1 ? vol : 0
dn=showDistributionBelowZero ? (wave == 1 ? 0 : wave == -1 ? -vol : vol) : (wave == 1 ? 0 : vol)
input_src = wave == 1 ? vol : 0
input_ma_period = input(50, title="Moving average")
input_max_height = input(1000, title="Maximum value on left bar")
ma = sma(input_src, input_ma_period)
normalized_volume = min(input_src / ma * 100, input_max_height * 1)
plot(input_max_height, transp=100, title="")
//
input_src1 = showDistributionBelowZero ? (wave == 1 ? 0 : wave == -1 ? -vol : vol) : (wave == 1 ? 0 : vol)
input_ma_period1 = input(50, title="Moving average")
input_max_height1 = input(1000, title="Maximum value on left bar")
hline(0)
hline(250)
hline(500)
hline(750)
ma1 = sma(input_src1, input_ma_period1)
normalized_volume1 = min(input_src1 / ma1 * 100, input_max_height1 * 1)
resCustom = input(title="Timeframe", type=resolution, defval="1440" )
v=security(tickerid, resCustom,normalized_volume)
resCustom1 = input(title="Timeframe", type=resolution, defval="1440" )
v1=security(tickerid, resCustom,normalized_volume1)
a=v>0 and v1<50
b=v1>0 and v<50
bgcolor(a > 0 ? blue : na, transp=80)
bgcolor(b > 0 ? red : na, transp=80)
LICI Levels for accumulation for the investment.At 650 we can buy our 50% capacity. Fibonacci levels are mentioned in chart.
#LIC #BOLLINGERBAND #Breakout LIC 1Hr: Bollinger squeeze is ready to fire. Trade will be active above 712 on 30 min closing basis then SL 695 again on closing basis. TP 1 - 750 TP 2 - 765.
LIC(Life Insurance Corp) ready for next round bull runLIC given breakout from bullish triangle 🔺️ wait for retest and confirmation and then enter
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.
.
.make your own analysis and take your own decisions
LiciLic charts shows it fully down trend setup and it following wave formation wave 1&3 as clear up but we waitng for wave 5 it will taking some correction going to deep
My tgt 545
Life Insurance Corporation of India view for tomorrowIntraday view for tomorrow...
LICI buy above 682
sell view below 674
Follow risk reward and stop loss
LICI- next stepHere we wait for breakout and hard closing.. if breakout above and hard close... then our target is dashed yellow line 💛, or if breakout below and hard close then our target will be green dashed line... be patient wait for ha3d close.. before taking any position
LIC STOCK ANALYSISAs expected in the last post(linked), we have seen further weakness in the stock and still, the price structure of the stock does not look promising.
Immediate resistance for the stock: 705-720
Immediate support at 655-650
Life India Corporation - LICLIC to touch around Rs. 500/-
This is just an opinion and you can do your own analysis. This is not a recommendation to Buy or Sell.
LIC- why the share price fell so much?As per logic , when a price of an equity fell from listing date means,
either , secondary market players not interested in current pricing.
or the Major stakeholder is making money by off-loading his portion .
here we use our EW to find the bottom . 650 is our 5 th wave ending price .
if it supported here you can see a pickup of this stock from next week.as ABC
LIC STOCK VIEW ANALYSIS LIC SHARE PRICE TARGET India's Largest Insurance Provider
Owned by Govt of India
IPO was subscribed 2.95 times
Listed at Discount on 17 May 2022
Listed in the large-cap category
It is assumed that the poor listing of the stock is because of the adverse market conditions, but charts are telling a different story and also indicate further weakness in the stock.
Since the stock is trading in uncharted territory, we can derive support levels with the help of Fibonacci and harmonic patterns.
Current price action suggests that the weakness can continue further until the next support levels, which we have derived from Fibonacci i.e 723 levels.
So keep an eye on the price action, if you are keen on investing in LICI and look out for positive price action for spotting any bottom formation in the stocks.
Currently picking this falling knife can be disastrous for your portfolio, so sit tight and wait for the right opportunity and the right price for entering the stock.
LICI IS GOING DOWN MORE!!!LICI is very overvalued in IPO price imo lets see how it goes in coming days
LIC SUPPORT AND RESISTANCE ZONESSTOCK negative outlook, check support and resistance levels , and breakouts
LICI MAY 17, 2022 / 10:48 PM IST
LIC IPO market debut highlights: Stock ends first trading day at Rs 872/share on BSE, down 8% from issue price
The stock ended the first day of trading at Rs 872.70, down Rs 76.30, or 8.04 percent. It has touched an intraday high of Rs 920.00 and an intraday low of Rs 860.10.
