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Technicals for ICICI Prudential Life Insurance Company Limited
By MusingTheNews
2025-09-04 20:31
Overall Technical outlook
Price Summary
On 2025-09-03, ICICI Prudential Life Insurance Company Limited's shares started at 611.0, peaked at 611.95, bottomed out at 604.25, and ended -0.27% lower at 609.35, with 441566 shares traded. Over the past 52 weeks, the stock reached a maximum price of 791.05 and a minimum price of 536.6. Analysts' predictions indicate that ICICIPRULI's future price will be between 625.0 and 850.0, with a mean price expectation of approximately 721.5.
Technicals
Support and Resistance: The current price is 609.35, with support at 592.25 and resistance at 614.35. This range suggests that the price might move between these levels, with 592.25 offering support and 614.35 capping further gains for ICICI Prudential Life Insurance Company Limited. Support/Resistance for ICICIPRULI
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for ICICI Prudential Life Insurance Company Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for ICICI Prudential Life Insurance Company Limited
Parabolic SAR: The PSAR maintains a bearish outlook for ICICIPRULI, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for ICICI Prudential Life Insurance Company Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while remaining below 20, generally considered the start of a bullish move. This pattern suggests that the market may be in the initial phase of a recovery, potentially leading to an uptrend. Traders could view this as a signal for potential gains for ICICIPRULI. Stochastic chart for ICICI Prudential Life Insurance Company Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for ICICI Prudential Life Insurance Company Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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