ICICI PRU weekly ChartInverted Head and Shoulder
RSI above 60 Daily & weekly
Monthly RSI near 59
Resistance 724
support 533
need to sustain above 610
expected level 725
ICICIPRULI trade ideas
ICICI Prudential Life Insurance Company LtdTarget given in the chart - SL as per your apetite
Fundamentals
Market Cap
₹ 86,787 Cr.
Current Price
₹ 603
High / Low
₹ 616 / 381
Stock P/E
95.1
Book Value
₹ 76.9
Dividend Yield
0.10 %
ROCE
10.0 %
ROE
8.45 %
Face Value
₹ 10.0
Price to book value
7.86
Intrinsic Value
₹ 80.9
PEG Ratio
-7.39
Price to Sales
1.11
Debt
₹ 1,200 Cr.
Debt to equity
0.11
Reserves
₹ 9,631 Cr.
Promoter holding
73.3 %
Pledged percentage
0.00 %
EPS last year
₹ 5.65
Net CF
₹ -1,168 Cr.
Price to Cash Flow
970
Free Cash Flow
₹ -105 Cr.
OPM last year
-1.62 %
Return on assets
0.33 %
Industry PE
44.5
Sales growth
52.0 %
ICICI Prudential Life Insurance Intraday level for 11th July #ICICICI Prudential Life Insurance Intraday level for 11th July #ICICIGI
Buying opportunity above 666
Support area 660. Below ignoring buying opportunity
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ICICI Prudential: Breakout on Strong VolumeICICI Prudential has successfully broken through a key resistance level with strong volume, indicating potential for further upward movement. The stock shows significant bullish momentum, supported by high trading volume, confirming the reliability of this breakout. Traders should watch for continued strength in the coming sessions. Proper risk management is essential, with attention to support levels below the breakout.
Share swing strong uptrendThey share sowing uptrend with volume next target will be 671 and if cross 671 then next target will be 703 so for short term 671 and for one month 700 three approx cam gate
ICICI PRUDENTIAL Icici prudential is going to hreakout with Inverse Head & Shoulder patter
Buy at - 625
Target - 710
SL - 590
ICICI PRUDENTIAL Icici prudential is going to hreakout with Inverse Head & Shoulder patter
Buy at - 625
Target - 710
SL - 590
ICICI Prudential Life Insurance Intraday level for today 13thICICI Prudential Life Insurance Intraday level for today 13th June #ICICIPRULI
Buying opportunity above 588
Stop Loss area 582
Selling opportunity below 575
Stop Loss area 582
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Icici Prudential share looks like forming HS formationIf goes beyond 460 range then we can consider as a breakout. I had little positions but closed around 450 range. Planning to re enter only after breakout.
HS - Head and Shoulder format.
ICICI PRULI 1W Timeframe PROJECTIONICICI PRULI 1W Timeframe PROJECTION
The trend is bullish.
As per Elliott wave theory and SMC Concept both have a bullish scenario
Intraday view for ICICIPRULIIntraday view for ICICIPRULI for today 14th May 2024
Buy entry only above 602 if sustain...
590 below no chance for bulls
Charts for educational purposes only.
Not a Trading Recommendation.
Thanks,
V Trade Point
🔥 20% - 30% Upside Potential | ICICIPRU🔥 20% - 30% Upside Potential | NSE:ICICIPRULI
✅ Buy Level - Rs 510- Rs 520
✅ SL - Rs 475
✅ Target - Rs 568/649/728
✅ Ascending Triangle Formation
✅ Golden Crossover at 1 Day Timeframe
Trade :-
✅ Buy Future Rs 510- Rs 520
✅ Buy Equity
✅ Buy 575 CE @ Rs 10-15 | CMP Rs 13
Look at the chart for more information
ICICI Pruli: Inverted Head and Shoulder pattern on weekly TFStock has made an inverted H&S Pattern on Weekly TF which indicates the bullishness in the stock.
Key resistance levels are still not taken out which requires a closing above 615 level.
Stock may touch its ATH after sustaining above 615 levels.
DISC: Only for educational purposes.
Review and plan for 25th April 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Weekly and monthly breakeout stock or soon to be break outonce cross 647 on closing . then it might have more .....
Reverse head and shoulder in ICICI prudentialReverse head and shoulder pattern in ICICI prudential, go long in ICICIpruli
ICICI Pru ready for multi month breakoutICICI Pru ready for multi month breakout, TARGETS ARE MENTIONED IN THE CHART, pLEASE TRADE AS PER YOUR RISK APPETIDE.
ICICIPRULI Swing IdeasICICIPRULI having Inverted Head and Shoulder pattern. Good for Swing and Short term investment. Entry Above - 615
Swing T1 - 630
T2 - 658
Long Term Target - 710
This idea is just for Educational Purposes only . Kindly do ur analysis and invest accordingly.
ICICIPRULI Ready for Breakout-Overall sector looks positive
-The stock is now at Crucial Position where previous sell offs happened and can be seen in charts.
-We are expecting, Breaking weekly high will give some momentum with a volume.
-Targetting 680 and 720 for Now.
ICICI Prulife - Weekly chartICICI Pru Life - Insurance sector company showing traction on weekly chart:
Entry - 580-585
Stop loss - 480
Target - 680, 780
Shorting Opportunity in ICICIPRULI: A Regression Channel TradingIntroduction:
In this blog, we will discuss a potential shorting opportunity in ICICIPRULI, a stock listed on the National Stock Exchange (NSE). We will use a regression channel trading strategy to analyze the stock's price movement and identify a possible entry point for shorting.
Regression Channel Analysis:
ICICIPRULI has been trading within a clear regression channel for the past 7 months, with a downtrend direction. The regression channel draw points are at 0.7247, which indicates a strong resistance level. The stock's price has been consistently trading below this level, indicating a potential downtrend.
Fibonacci Retracement:
We have plotted a Fibonacci retracement on the chart based on the last 20 days' depth, with highs of 559 and lows of 464. The close price is currently above the 0.764 level, which is a significant resistance level. The Fibonacci retracement indicates that the stock is in a potential downtrend, and the close price is almost 2% percent down from the high.
Trading Strategy:
Based on the regression channel and Fibonacci retracement analysis, we suggest shorting ICICIPRULI.
However, it's important to be patient and wait for price action on a 30-minute timeframe before entering the trade.
Entry Point:
Look for a bearish candle on the 30-minute timeframe, such as a shooting star or a dark-cloud cover, which could indicate a potential reversal in the trend. The entry point for shorting would be below the lower end of the regression channel, which is currently at 0.7247.
Stop-Loss and Take-Profit:
Place a stop-loss order above the recent high, which is currently at 0.764. This will ensure that your losses are limited in case the trend reverses. Set a take-profit order at a level below the lower end of the regression channel, such as 0.7000. This will allow you to profit from the potential downtrend while also limiting your risk.
Conclusion:
In conclusion, ICICIPRULI presents a potential shorting opportunity based on the regression channel trading strategy. The stock's price movement has been consistently trading below the regression channel draw points, indicating a potential downtrend.
The Fibonacci retracement also supports this analysis, indicating a potential downtrend. However, it's important to be patient and wait for price action on a 30-minute timeframe before entering the trade. By following this strategy, traders can potentially profit from the downtrend while limiting their risk.
