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LIC Shows Bullish Base Formation Near 200 DEMA, Target Rs 975
Life Insurance Corporation of India (LIC) is showing signs of a bullish base formation near its 200 DEMA. Momentum indicators suggest a probable upward move from the Rs 910–920 zone, with a target price of Rs 975. A stop-loss of Rs 885 is advised for traders looking to take positions. The stock has been consolidating at these levels, and a breakout above Rs 920 could lead to further upward momentum. Investors should closely monitor the momentum for the next few sessions.
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LIC Shows Bullish Base Formation Near 200 DEMA, Target Rs 975
Life Insurance Corporation of India (LIC) is showing signs of a bullish base formation near its 200 DEMA. Momentum indicators suggest a probable upward move from the Rs 910–920 zone, with a target price of Rs 975. A stop-loss of Rs 885 is advised for traders looking to take positions. The stock has been consolidating at these levels, and a breakout above Rs 920 could lead to further upward momentum. Investors should closely monitor the momentum for the next few sessions.
Explore:Mutual Fund Home
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LIC Shows Bullish Base Formation Near 200 DEMA, Target Rs 975
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LIC forms a bullish base near 200 DEMA, with momentum indicators suggesting an upward move targeting Rs 975, advised stop-loss Rs 885.
Life Insurance Corporation of India (LIC) is showing signs of a bullish base formation near its 200 DEMA. Momentum indicators suggest a probable upward move from the Rs 910–920 zone, with a target price of Rs 975. A stop-loss of Rs 885 is advised for traders looking to take positions. The stock has been consolidating at these levels, and a breakout above Rs 920 could lead to further upward momentum. Investors should closely monitor the momentum for the next few sessions.
Life Insurance Corporation of India (LIC) is showing signs of a bullish base formation near its 200 DEMA. Momentum indicators suggest a probable upward move from the Rs 910–920 zone, with a target price of Rs 975. A stop-loss of Rs 885 is advised for traders looking to take positions. The stock has been consolidating at these levels, and a breakout above Rs 920 could lead to further upward momentum. Investors should closely monitor the momentum for the next few sessions.
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LIC
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LIC
stock analysis
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bullish pattern