STOCK : ICICI PRUDENTILA L
CMP : 511.25 (07-06-2023)
About : ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.
TECHNICAL ANALYSIS CHART 👇(WEEKLY TIME FRAME )
(click on the above image for clear chart view)
OBSERVATION :
The stock has created a FALLING WEDGE PATTERN on a weekly time frame & ready for breakout if (1 week candle stick) closes above 510 level we may expect further up side moment near (590,670,730,810) for short term to long term. good to add this stock in your portfolio.
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Note : It's important to note that the pattern is just one of many chart patterns used in technical analysis, and traders should always use multiple indicators and techniques to confirm their analysis before making trading decisions.
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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