LICI Big race "Market Cap": "₹6,19,403Cr.",
"Current Price": "₹979",
"High / Low": "₹1,175/552",
"Stock P/E": "15.4",
"Book Value": "₹96.7",
"Dividend Yield": "0.41%",
"ROCE": "149%",
"ROE": "130%",
"Face Value": "₹10.0"
LICI trade ideas
LICI - down trendLICI : M pattern
Expected down fall for 4-5%
Long term : Bullish
Note: Education purpose only.
LICI Positional long tradeLICI sustaining above its breakout levels. Can show decent upside moving forward
LICI IPO based strategyresistance @ 750
support @ 530
those who bought in IPO above @ 750 added more
and hold
LICI DAILY ANALYSIS FOR LONG POSITIONLICI DAILY CANDLE ANALYSIS may be this lowest price near 550 can't come again so its long for me with the stop loss of 550 for the minimum target 750
Life Insurance Corporation of IndiaSuper trend line breakout seen on daily chart...
1065 to be closely watched out on CB... as this can again be a B/O Level....
Possible trading levels marked..
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Uptrend in LIC to continueThis is one of those clear Elliott Wave pattern to bet on.
Recent break of May, 2022 all time high and impulsive continuation of price indicates the presence of wave 3. In my opinion the wave 3 is still in progress. Counting the internals of wave 3 is quite tricky at the moment so avoiding it for now.
How to trade it ?
I'd be waiting for a clear 3 wave pullback (in 4th wave after completion of 3rd wave) with the price retracing to 0.382 Fibonacci level to trade it.
Will update the idea as price develops.
Thanks for reading!
LICI BUY ideaStock has broken its IPO level and comfortably trading above the level of IPO. If we focus on volumes, clear spikes in volumes in recent months are there. Can be good bet to trade. All targets are marked according to Fibonacci levels. Buy above 1046 levels only
LIC - Ready to move up?LIC seems to be getting ready to move up.
Its primed to give breakout of falling trendline on weekly and Daily TF.
LICI, Bullish, Kindly do your own studyLIC has given all time high breakout. This stock has crossed it'S listing day high.
Stock was falling consistently and now capture it's territory.
Life insurance corp of indiaSimple Price action
Formed Inverted Head & Shoulder Pattern In Weekely Timeframe.Gave Powerfull Breakout Of Neckline With Strong Volume.Looks good For Short term investment. Trading at 936,keep sl at 819,Target Can be 1660.
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
LICI (Buy on deep)LICI is most popular stock in stock market. After long time stock cross its high. Wait for any small correction than you can make your position for long time.
LICILici's stock, with an IPO listing at 949 and a dip to 826 by January 5, 2024, currently stands at 844. Despite facing overhead supply from IPO allocations, the stock exhibits robust trading volumes above key moving averages. Recent business opportunities signal the potential for significant upside, urging investors to carefully consider entry and exit points amidst this dynamic market scenario.
Does the correction in LIC over?From the time LIC is listed has given negative returns to the investors. Ellot wave suggests the stock has formed the base. Upside 680 / 720 is likely
LIC in uptrend,with CUP & HANDLE breakoutstrong price & volume action in lic ,Cup & handle Pattern Braekout with good volume First Target 830
licwooo
stock at best level to add
volume, helping stock move up
market is bullish, so may get stock help
quantity must be maintained and accumulate at dip
no recognition for buy and sell
LIC India goes into a 'Wave 3' impulseThe largest insurer in India showed a massive volume and price gain on Friday's trading session bringing itself into some spot light.
The stock was in a corrective triple three structure from the start of Sep. until Nov 13 when it completed the correction with a truncated 'wave 'z''.
In a matter of only 7 trading days after having completed the correction, the stock is up 12% from bottom 'z'.
While Friday's move might make it look like the stock has over-shot a bit but in totality of things the 'wave 3' is not even half-way from its target. INR 780-790 zone is the projected wave 3 target.
It makes sense to accumulate this stock between INR 655-685 levels before it jumps above the INR 700 mark.
CMP 677
Support zone 655-660
Target 780
Note*- Please do thorough analysis of any financial instrument before you trade/invest in it. The views expressed here are my personal opinions and not an advice to buy/sell.
LICINSE:LICI
Volume Breakout
Spertrend in Buy zone in Daily & Hrly time
Rsi >50
Moving Average in BUY
Wait for retest near 650
LICI in actionAfter a strong correction stock has given breakout in weekly TF. It may go up till its ipo issue price or can create all time high in mid to long term.
Note- This chart is only for educational purpose and not a buy/sell recommendation, please trade as per your analysis
Can LIC Reach Listing levels?Technically its looks like it can!
Recently LIC has broken out the trend line and closed above 700 levels.
We may see 920 valuation soon.
LICI - Stock AnalysisSymbol: LICI
Close: 677.65
Today's Volume: 18997036
Sector: Financials
Go Long above: 691
Stop Loss: 574.85
Resistance & Support:
📉 R: 700 || 722 || 761
📈 S: 638 || 599 || 577
