ICICI PRU LIFE INS CO LTD
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ICICIPRULI - Weekly

241
ICICIPRULI seems to be forming a falling wedge pattern on the weekly timeframe.

Can go long with a Stop Loss of below 520 on DAILY closing basis for targets

Target 1 - 600

Target 2 - 650

Target 3 - All Time high level

Best entry would be a level close to 540/535. I would start a position at these levels and more if I can get 535 levels. Stop Loss as mentioned would be below 520
Nota
Near to first Target now, scale out to secure some profits here and let the remaining run with a TSL
Nota
Got our 600 target. Now trail SL @580 and hold towards second target 650 in a months timeframe, prolly before Earnings

Aviso legal

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