GICRE CMP 124 Buy Above 126 SL below 100 Can add more at 132 Positional Swing
I bought GICRE Candle above 200 EMA Manual trend is bullish RSI has a bullish crossover. SL 120 T1 135 / T2 170 Positional trade
In weekly timeframe (mostly month/day), GICRE framing the bearish trendline from 2018 - it's acting as resistance and got rejected at least 4 times. Now, it's in triangle pattern with support line (all time low support line) with bearish resistance trendline It can see resistance around 137-143 and if it sustain above then it can go long. Next 4-6 weeks will be...
we can see in uptrend the volumes are much higher as compared to downside candle volume. it clearly show a demand zone. seems accumulation in progress. long for good RR
stock looks good in short term as double bottom seen on daily and weekly chart , has reversed from good support zone
inside candle breakout on weekly charts lic ipo affecting gic price or vice verca ? keep on your watchlist for education purposes only
NSE:GICRE Aim for 6-8%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. It is an...
GICRE is consolidating for super strong bull run. It is forming a rounded bottom and getting ready for big move. Being India's only reinsurance company, GICRE has an amazing future as people are understanding the importance of insurance.
Long term Bearish trend, stay away. Might pop up a bit and again go down.
1. Wait for trend reversal @ 4H. along with weekly confirmation to avoid fake out as happened in Polycab. 2. Earnings in 14 days.
The company provides reinsurance across many key business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit and financial and life insurance. As a sole reinsurer in the domestic reinsurance market, it provides reinsurance to the direct general insurance companies in the Indian market. It receives...
GICRE EQUITY levels ...18/06/2021 (D candle)
BUY GICRE @Current price 140 Target: 226 Stoploss: 130 Note its weekly chart. so Target can come in 3-5 months.
Must buy for long term as company also going for privatization.