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Technicals for Life Insurance Corporation of India
By MusingTheNews
2025-12-15 20:45
Overall Technical outlook
Price Summary
On 2025-12-11, Life Insurance Corporation of India's stock opened at 857.0, reached a high of 864.0, dropped to a low of 853.5, and closed higher 0.16% at 858.35, with a trading volume of 990444 shares. The stock reached its highest price of 972.8 and its lowest price of 729.2 during the 52-week period. The anticipated price is forecasted to be between 850.0 and 1450.0, with an average price expectation of 1111.8096, based on input from 21 analysts.
Technicals
Support and Resistance: With the current price at 858.35, support is found at 852.15 and resistance at 872.45. These levels indicate where buyers might step in at 852.15, while sellers could limit gains at 872.45, defining a trading boundary for Life Insurance Corporation of India. Support/Resistance for LICI
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Life Insurance Corporation of India
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Life Insurance Corporation of India
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Life Insurance Corporation of India
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Life Insurance Corporation of India
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. 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.
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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