ICICIPRULI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 4.0

📊 Chart Patterns: ICICI Prudential Life (ICICIPRULI) is trading above both its 50 DMA (620 ₹) and 200 DMA (619 ₹), showing short-term strength. Current price (651 ₹) is near support at 640–645 ₹, with resistance around 680–694 ₹. Broader range remains 640–694 ₹.

📈 Moving Averages: Price above both averages indicates bullish sentiment and medium-term strength.

📈 RSI: At 59.9, RSI is neutral to slightly bullish, suggesting room for further upside before overbought levels.

📈 MACD: Positive at 7.57, confirming bullish momentum and signaling potential continuation of the uptrend.

📊 Bollinger Bands: Price is near the upper band, suggesting strong buying pressure but also risk of short-term pullback.

📈 Volume Trends: Current volume (26,82,876) is higher than average weekly volume (20,20,744), showing strong participation and accumulation.

📌 Short-term Momentum Signals: Bullish momentum intact with positive MACD and supportive RSI. A breakout above 680 ₹ could push toward 694 ₹. Support at 640–645 ₹ provides a cushion for entry.

🎯 Optimal Entry Zone: 640–650 ₹ (near support).

🎯 Optimal Exit Zone: 680–694 ₹ (near resistance).

📈 Trend Status: The stock is trending upward with bullish signals across indicators.

Positive

• Quarterly PAT growth (299 Cr. vs 302 Cr.), up 18.9%, highlights earnings resilience.
• EPS of 9.08 ₹ supports valuation strength.
• FII holding increased slightly by 0.03%, showing foreign investor confidence.
• Stock trading above both 50 DMA and 200 DMA confirms bullish strength.

Limitation

• High P/E (71.7) compared to industry PE (84.3) suggests expensive valuation.
• PEG ratio of 4.29 indicates limited growth relative to valuation.
• Dividend yield of 0.13% is very low, limiting passive income appeal.
• ROCE (8.86%) and ROE (7.42%) are modest compared to peers.

Company Negative News

• DII holding decreased by -0.21%, showing reduced domestic institutional support.
• Slight decline in quarterly PAT (299 Cr. vs 302 Cr.) indicates earnings pressure.

Company Positive News

• Quarterly profit variation of 18.9% highlights operational resilience.
• FII inflows reflect global investor confidence in the company.

Industry

• Industry PE at 84.3 is higher than ICICIPRULI’s PE (71.7), suggesting relative undervaluation compared to peers.
• Insurance sector outlook remains strong with rising demand for life and health insurance products.

Conclusion

⚖️ ICICIPRULI is fundamentally stable with consistent profit growth and supportive FII inflows. Technically, the stock is trending upward with bullish signals from MACD, RSI, and moving averages. Entry is favorable near 640–650 ₹ with cautious exit around 680–694 ₹. Long-term investors may hold for sector strength, while short-term traders should watch for breakout above 680 ₹.