LICI / Life Insurance Corporation of India - IPO Base Breakout.

LICI

1) Time Frame - Monthly.
2) The Stock has been in a downtrend or consolidation since its IPO listing - May, 2022 and has given an IPO base breakout with strong bullish momentum & Huge volume.
3) The stock may perform well in the long term.
4) Recommendation - Strong Buy
Beyond Technical AnalysisbreakoutbullishmomentumbuyChart Patternscolumeconsolidation-breakoutcuppatternfundamental-analysisTechnical AnalysisTrend Analysisuptrend

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