Overall Technical outlook

Price Summary

On 2025-05-30, Life Insurance Corporation of India's stock opened at 941.5, reached 957.8, hit a low of 934.15, and rose 1.38% to close at 954.45, with 2760054 shares traded.
The stock's highest value over the last 52 weeks is 1188.1, and the lowest value is 729.2.
Analysts expect the price of LICI to vary between 825.0 and 1300.0, with an average expected price near 1062.5714.

Technicals

Support and Resistance: At 954.45, the price for LICI is supported at 905.4 and resisted at 983.8. This indicates a trading range where 905.4 serves as a support level, potentially preventing further decline, while 983.8 could limit upward movement.
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Support/Resistance for LICI


Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding steady at the 100 level, signals strong market momentum. However, further analysis with other indicators is essential to assess the trend's long-term viability and potential for continued growth.
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Aroon chart for Life Insurance Corporation of India


Bol. Bands: In its latest move, the current price has crossed over the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure is intensifying, driving the price higher than expected. Traders may interpret this as a sign of strong market momentum, potentially leading to continued upward action for Life Insurance Corporation of India.
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Bolinger Bands chart for Life Insurance Corporation of India


Parabolic SAR: The PSAR for LICI continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Life Insurance Corporation of India


Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals.
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Stochastic chart for Life Insurance Corporation of India


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for Life Insurance Corporation of India


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.