LICINSE:LICI
Volume Breakout
Spertrend in Buy zone in Daily & Hrly time
Rsi >50
Moving Average in BUY
Wait for retest near 650
LICI trade ideas
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
LIC NEW JOURNEY BEGINS...........💪💪💪Company is fundamentally strong. Three times growth 📈 in profits. Let's see 🙈🙈🙈.......Tukka
LIC NEW JOURNEY BEGINS............Company is fundamentally strong. Profit growth 📈 is three times......... technically confirmed......... let's see 🙈🙈🙈
LiciThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
LIC Symmetrical triangle pattern BO in weekly TF.....LIC is getting ready...........will add in dips with the SL of 600 (weekly closing)
LIC LongLevels Marked with R is resistance, T is targets and S are the supports,
The post is for learning and educational purposes
BUll may hit hard, provided it hitsBUll may hit hard, provided it hits
Stock may retouch its lowest level
I am LICI stock BuyI am LICI Buy in Daily Timeframe.Because prev weekly HH Break and Retest in Daily Timeframe.
LICI Sideways channel breakout done today.
DEMA also indicate bullishness
RSI Bullish
MACD Bullish
Good setup for create long position.
Disclaimer This is my personal view for education purpose only.
A possible target of LICI It's negative on weekly and possible target are as mentioned in the chart. Do mantain the Sl, if your're taking the trade.
Note: This is only for educational purposes, I do not provide any type of tips.
LICIPrice always support trend line means stock in a uptrend zone.
Price above in DEMA also means stock in a uptrend zone.
If the trend line break and make lower high lower low formation it means trend reversal.
20Dema is a dynamic support 644 wait and watch situation as now.
Don't make any entry 🚫
Wait for confirmation.
Macd & Rsi also show little weakness in trend.
Disclaimer:- This is my personal view for education purpose only.
No Buy sell recommendations give by me.
LICCompany is almost debt free.
Company has delivered good profit growth of 71.6% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 108%
it is far below ipo listing price
recently company has shown good revenue generation with good profit margins
IT HAS FORMED COMPLEX HEAD AND SHOULDER PATTERN
FIRST TARGET WILL BE AROUND T1-750 which is recent high
SECOND TARGET WILL BE NEAR IPO PRICE T2-910
LIC RISING WEDGE PATTERNRising Wedge pattern has been formed on LIC breakout is done now it's consolidating in a range downside breakout of the range will give a good bearish impulse.
Expected Targets are:
TP1 - 635.30
TP2 - 626.50
TP3 - 623
LONG in LICI with a small SL for Big Targets.After making a cup n handle formation LICI is holding up near 50EMA and above 200EMA since last 25 trading sessions, this 615-635 level is also a retesting zone of support area after a Breakout of Cup n Handle formation. Thus we may consider this phase as cool-off period prior to a fresh Breakout. Levels are mentioned on Chart itself.
As Stop Loss is very small here, this trade suits me.
Do comment below if you have any opinion.
Happy Investing :)
LIC of India trying to make a comeback after consolidation.Life Insurance Corporation of India is the largest multinational insurance corporation and an institutional investor with an asset under management of more than 45 trillion INR. The company offers insurance plans, pension plans, unit linked plans, withdrawn plans and health plans with many other group schemes.
Life Insurance Corporation CMP is 635.75. Negative aspects of the company are declining cash from operations and MFs are decreasing stake. Positive aspects of the company are improving annual net profits, no debt and zero promoter pledge.
Entry after closing above 643. Target of the call will be 653 and 666. Long term targets in the stock will be 681 and 704. Stop loss in the stock should be maintained at closing below 595.
LIC LEVELS 15.06.2023 (D Candle) LIC India waiting for break out ,once its breaks 610 at monthly candle ,momentum will start
LICI ALL LEVELSall levels show where it can bounce back from
it is at 50EMA & RSI on 59 showing some strength with rising volume
bought lic todayBought @567.50 for a short term momentum trade however long term bullish trade will be activated above 680 at this time it is a momentum trade with a stop below 545 will update about exit or if i add more
near a short term break outthe trendline breakout will give a boost in short term however i am holding at this point a breakout of this trendline if confirmed fresh positions can be added here
