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Technicals for ICICI Prudential Life Insurance Company Limited
By MusingTheNews
2025-12-12 20:38
Overall Technical outlook
Price Summary
On 2025-12-11, ICICI Prudential Life Insurance Company Limited's shares started at 644.5, peaked at 647.55, bottomed out at 633.8, and ended -1.34% lower at 635.85, with 661634 shares traded. The stock's highest price in the past 52 weeks is 685.75, while its lowest price during the same period is 536.6. The future price of ICICIPRULI is projected to range from 625.0 to 870.0, with an average expected price of 707.0, according to 33 analysts.
Technicals
Support and Resistance: At 635.85, the price for ICICIPRULI is supported at 613.95 and resisted at 639.9. This indicates a trading range where 613.95 serves as a support level, potentially preventing further decline, while 639.9 could limit upward movement. Support/Resistance for ICICIPRULI
Aroon: The Aroon indicator continues to show a bullish trend for ICICI Prudential Life Insurance Company Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for ICICI Prudential Life Insurance Company Limited
Bol. Bands: The price for ICICIPRULI dropping below the upper Bollinger Band could be an early signal of a downward trend. This movement might suggest that the asset is overbought and that a price decrease is possible. Traders often use this indicator to predict potential reversals, as it signals that the bullish trend could be weakening and that a correction or pullback might be forthcoming. Bolinger Bands chart for ICICI Prudential Life Insurance Company Limited
Parabolic SAR: The PSAR for ICICIPRULI maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for ICICI Prudential Life Insurance Company Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ICICIPRULI, with no strong trend emerging. Stochastic chart for ICICI Prudential Life Insurance Company Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for ICICI Prudential Life Insurance Company Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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