ICICIPRULI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ICICIPRULI | Market Cap | 75,149 Cr. | Current Price | 518 ₹ | High / Low | 707 ₹ |
| Stock P/E | 47.0 | Book Value | 94.0 ₹ | Dividend Yield | 0.32 % | ROCE | 8.84 % |
| ROE | 10.7 % | Face Value | 10.0 ₹ | DMA 50 | 549 ₹ | DMA 200 | 596 ₹ |
| Chg in FII Hold | -0.59 % | Chg in DII Hold | 0.64 % | PAT Qtr | 609 Cr. | PAT Prev Qtr | 390 Cr. |
| RSI | 44.2 | MACD | -7.59 | Volume | 12,15,673 | Avg Vol 1Wk | 13,53,010 |
| Low price | 489 ₹ | High price | 707 ₹ | PEG Ratio | 1.85 | Debt to equity | 0.19 |
| 52w Index | 13.6 % | Qtr Profit Var | 57.6 % | EPS | 11.0 ₹ | Industry PE | 72.2 |
📈 Chart Patterns: ICICIPRULI is trading near its support zone (₹518–₹549). The broader structure shows weakness with repeated failures to cross resistance at ₹596 (DMA 200), reflecting consolidation.
📊 Moving Averages: Current price (₹518) is below DMA 50 (₹549) and DMA 200 (₹596), confirming bearish undertone.
📉 RSI: At 44.2, RSI is weak but not oversold, suggesting limited upside potential in the short term.
📉 MACD: Negative at -7.59, showing bearish crossover and continuation of downward momentum.
📉 Bollinger Bands: Price is near the lower band, reflecting oversold conditions but also risk of breakdown if support fails.
📊 Volume Trends: Current volume (12.2L) is slightly below average weekly volume (13.5L), showing reduced participation and weak buying interest.
⚡ Short-Term Momentum Signals: Neutral-to-bearish momentum; rebound possible only if price sustains above ₹549 with volume support.
🎯 Entry Zone: ₹500–₹518 (support region).
🎯 Exit Zone: ₹580–₹596 (resistance zone).
🔀 Trend Status: Consolidating with bearish undertone; reversal possible only if price sustains above ₹596.
Positive
- Quarterly PAT improved from ₹390 Cr. to ₹609 Cr. (+57.6%).
- EPS at ₹11.0 supports earnings visibility.
- DII holdings increased (+0.64%), showing domestic investor confidence.
- PEG ratio at 1.85 indicates fair valuation relative to growth.
Limitation
- Price trading below DMA 50 and DMA 200 signals weakness.
- Dividend yield at 0.32% is modest.
- ROCE at 8.84% and ROE at 10.7% are relatively low compared to peers.
- Volume participation weaker than average, limiting breakout potential.
Company Negative News
- Decline in FII holdings (-0.59%), showing reduced foreign investor confidence.
- Weak technical setup with MACD negative and price below key averages.
Company Positive News
- Quarterly profit growth (+57.6%) boosts investor sentiment.
- DII stake increased, supporting domestic sentiment.
- EPS remains stable at ₹11.0.
Industry
- Industry PE at 72.2 vs. ICICIPRULI PE at 47.0 shows relative undervaluation.
- Insurance sector outlook remains positive with rising demand for life insurance products.
Conclusion
ICICIPRULI is consolidating with bearish undertones. Short-term traders may consider entry around ₹500–₹518 with exit near ₹580–₹596. Long-term investors should monitor profitability trends and institutional sentiment before fresh accumulation.
Would you like me to extend this into a sector overlay HTML report comparing ICICIPRULI with peers like SBI Life, HDFC Life, and ICICI Lombard, or keep it strictly as a standalone technical rating?