all levels show where it can bounce back from it is at 50EMA & RSI on 59 showing some strength with rising volume
Intraday view for tomorrow... LICI buy above 682 sell view below 674 Follow risk reward and stop loss
As 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
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...
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.