SWING IDEA - ICICI LOMBARD GEN

2023年12月23日

In this analysis, we will explore key technical indicators and chart patterns that suggest ICICI Lombard GEN may be poised for a favorable uptrend. We'll delve into the factors contributing to the positive sentiment surrounding the stock.

Reasons are listed below :

• The 1410 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
  
• Hammer candle (positive sign) on a very crucial support zone.
  
• 50EMA support on daily timeframe.
  
• 0.382 Fibonacci support.
  
• Stock price is above 50 and 200EMA i.e the trend is intact.
  

Target - 1490 // 1611
StopLoss - Daily close below 1370

1月27日

交易结束：到达目标

1st target done.
We got 5.07%.

2月8日

交易结束：到达目标

2nd target done.
we got 13.6%
stock made a high of 15%++

3月1日

交易结束：到达目标

price made a high of 22%+

5月8日

注释

strong bullish engulfing candle with highest ever close.
HOLD !!

6月18日

注释

made a high of 25%++

7月3日

注释

Achieved 31%++

7月18日

注释

Achieved 35%++

7月28日

注释

Achieved 40%++

8月17日

注释

new all time high!

8月28日

注释

Achieved 53%++