ICICI Lombard almost confirm sell signal
ICICI Lombard GI is showing long term sell signal on screen, It should give around 10% from here on the downside.
ICICIGI trade ideas
Head & Shoulder breakdownicici lombard forming HEAD and Shoulder pattern on hourly chart
Expecting 10 % plus correction in coming days
Swing opportunity Swing opportunity for small gain
Not an investment advice. Do your own due diligence before investing.
ICICIGI - Weekly AnalysisIn the Weekly Chart of ICICIGI ,
we can see that, it has given breakout of W Pattern.
Let it retest and then enter with SL.
ICICIGI 15M (23 MARCH 2023)NSE:ICICIGI
buying may be difficult here,
it may waiting to trap buyers.
it got rejection then
we can short from the upside resistance
ICICIGI view below 1095 short viewICICIGI view for 22nd Jan Wednesday
Charts for Educational purposes only.
Please follow strict risk reward and stop loss if you follow my level
Thanks,
V Trade Point
Tripple bottom view expectation in ICICIGIICICIGI view for today
Tripple bottom view expectation in ICICIGI
Follow strict risk reward and stop loss if u follow my level
ICICIGI - ACCUMULATION OR DISTRIBUTION?NSE:ICICIGI
ICICIGI formed a good trading range.
its been consolidating for 25 days now with a total volume of 10.5 Million shares.
Big players are getting it ready for a big move as they are slowly building positions in the stock.
I will watch for a breakout to the one side with above-average volume.
#Breakout levels are marked on chart
Use position sizing according to your stop loss level.
Like this idea if you find it helpful and please share it with your friends.
Keep learning,
Happy trading.
Thank you.
Too much consolidation, Can give a good runThe scrip is too much consolidating in a range. on a breakout we may see good run. Keep this scrip in radar.
we are short side in icicigiwe are on short side in icicigi its on our sell level area and we can see down side move in coming days follow our stoploss level for best risk to reward trade
icici lombardOn a sequential basis, the retention ratio (net premium written/gross premium written) was high,
because Q1 is typically a period of commercial policy renewal where the reinsurance support is
relatively higher, whereas in Q2 there is a higher proportion of retail business coming in.
• GDPI (Gross Direct Premium Income) of the company stood at ₹5,185 crore in Q2 FY23, a growth of
17.2% as against an industry growth of 10%. This was primarily driven by growth in preferred
segments.
• In H1 FY23, GDPI was ₹10,555 crore, recording a rise of 22.6% as compared to industry growth of
15.3%.
• During the quarter, the reported net profit included a reversal of tax provision of ₹128 crore,
excluding which the reported net profit growth would be 3.4%.
• During the quarter, the company has exercised the call options to redeem the debentures of ₹220
crore in full along with the final interest due, post receipt of necessary approvals. Thus, the
outstanding debentures stood at ₹35 crore as of 30th September 2022.
ICICIGISwing trade !!
Made an Entry at 1474
Target 1600 !!
Decision was made based on the news (Judgement delivered by Madras HC)
Bumper to Bumper insurance is mandatory for 5Years.
ICICI Lombard - W -at major support zone - accumulateICICI lombard - has had a major correction from the highs
Now at major support zone on the weekly that has held since 2019
Accumulate at CMP and into declines
ICICI Lombard - 2 hr -approaching gann fan supportone of the few large cap stocks that is not overbought and has cooled off quite a bit from the highs around 1700
Worth adding to longs hereon.
icici Lombard future viewicici Lombard is great company, gaining its market share form lic ltd. it had corrected a lot, and i have drawn the waves for the future. it will be reaching its previous trend line comtinuing padt from the corona(drawn in the chart), so it will have a impulsve wave from my analysis point of view.
Best stock for short term Buy above 1260 to 1262 target will be 1288
And the other target for short term is 1360
In my point of view this stock will fire in upcoming days
ICICIGI - PERFECT SYMMETRICAL TRIANGLE BREAKOUT📊 Script: ICICIGI (ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services
📊 Industry: Insurance
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 Symmetrical Triangle Breakout.
📈 Right now RSI is around 75.
⏱️ C.M.P 📑💰- 1296
🟢 Target 🎯🏆 - 1412
⚠️ Stoploss ☠️🚫 - 1245
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!🥂
icicigiicicigi made butterfly pattern on daily charts n confirmed by breaking above previous swing high of 1247.15 with good volumes.
Could be bought above 1248 tomoro 12/08/2022 with mentioned stoploss & targets.
ICICI LOMBARDHello and welcome to this analysis
In weekly time frame a Bullish Harmonic Reciprocal has been activated which is seeing consolidation in the stock between 1100-1150.
A probable throwback towards 1300-1400 with minor resistance near 1200 could take place.
View would be invalid below 1050.
Please note this is a weekly time frame reversal hence very short term derivative trade is not advisable.
