LICI trade ideas
LICI Setup longLICI
MTF Analysis Price
LICIYearly Demand 844
LICI 6 Month Demand 755
LICIQtrly Demand BUFL 755
LICIMonthly Demand 843
LICIWeekly Demand 763
LICIWeekly Demand 754
LICIDaily Demand DMIP 769
ENTRY -1 Long 769
SL 667
RISK 102
REWARD 391
Target as per Entry-1 1,160
RR 4
Last High 1,222
Last Low 746
ENTRY -2 Long 700
SL 667
RISK 33
REWARD 476
Target as per Entry-2 1,176
RR 14
Last High 1,222
Last Low 746
Trade Set Up
Buy Volume -1 As per Entry-1 1,000
Buy Volume -2 As per Entry-2 1,000
Average Buy Price 735
Trade Value 1,469,000
SL Point 667
RISK 68
Exit Target 1,160
Target Value 1,160,000
Profit Target 986,000
RISK Value 135,000
Risk to Reward 7
LICI Trading Within Fresh Demand ZoneLICI is currently trading at ₹860.95, within a fresh demand zone ranging from ₹862.4 to ₹841.95, identified on 16th January 2024. This untested zone might attract buyer interest, offering a potential opportunity for investors.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
LIFE INSURANCE CORPORATION OF INDIA (LICI)LIC OF INDIA
After bouncing from support near 900,
LIC might head to higher prices
WITH Q4 being the best for insurance companies,
LIC has opportunity for SWING TRADE
CMP - 930
SL - 850
Target - 1085 - 1190
DISCLAIMER: Not financial advice.
Only for educational purposes
Invest at your own risk
LIC is can defensively insure your portfolioLife Insurance Corporation of India or LIC engages in the provision of insurance plans. It operates through the following segments: Life Business, Pension Business, Annuity Business, Variable Business, Health Business, and Linked Business.
Life Insurance Corporation of India CMP is 985.50. The positive aspects of the company are Attractive Valuation (P.E. = 15), Company with No Debt, Stocks Outperforming their Industry Price Change in the Quarter, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and High Volume, High Gain. The Negative aspects of the company are Declining profits every quarter for the past 2 quarters, Companies with high market cap, lower public shareholding.
Entry can be taken after closing above 990 Targets in the stock will be 1034, 1070 and 1100. The long-term target in the stock will be 1134, 1161 and 1190. Stop loss in the stock should be maintained at Closing below 877 or 818 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
LICI LONGLICI
MTF Analysis
LICIYearly Demand Breakout 918
LICI 6 Month Demand Breakout 918
LICIQtrly Demand Breakout 918
LICIMonthly Demand BUFL 884
LICIWeekly Demand 934
LICIDaily Demand DMIP 948
ENTRY -1 934
SL 900
RISK 34
Potential Target 1694
First recovery Target Points 1291
Latest Last Swing High 1222
Latest Last Swing Low 865
Trend Last Swing Low 530
Trend Last Swing High 918
RR 38
RR 81%
LICI LONGLICI
MTF Analysis
LICIYearly Demand 918
LICI 6 Month Demand Breakout 918
LICIQtrly Demand Breakout 918
LICIMonthly Demand 918
LICIWeekly Demand 934
LICIWeekly Demand 1025
LICIDaily Demand DMIP 289.2
ENTRY -1 1025
SL 982
RISK 43
Potential Target 1456
First Target Points 1219
First recovery Target Points 237
Last Swing Low 982
Last Swing High 1219
RR 6
RR 42%
LIC- Swing trade-Inside bar breakout-Bullish NSE:LICI
16.07.2024
Buy: 1101
Target: 1163
Risk: Reward- 1:1
1. Inside candle breakout
2. Increased volumes in upmove. Good healthy bullish candles from few days
3. Previous resistances break and triple bottom formed
4. Prices above EMAs
5. Price consolidation from last 4 months
6. Price rejected from 50% Fibonacci level
LICI Breakout!!!All Time High Breakout.
Box pattern Breakout.
Good Volume Buildup seen.
Accumulation Done.
Above all EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
LICIStock is consolidating from its life time high of 1175 since 9-FEB-2024. Multiple rejections in the range of 1060-1090.
due to market news and elections the stock is very volatile. I see the immediate support at 1000 and its a psychological level.. if this level is broken then the next strong support level is 867.
I suggest to exit the stock at 1080 levels and wait for accumulation zone 1000-950 levels (50% quantity) and 867-890 levels
Fibonacci levels suggest if the bullish trend continues then the targets 1081, 1175, 1213, 1345
if the stock price falls then the target levels are 1000, 961,898 & 835
LIC S/R for 18/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.