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LICI - Technical Analysis with Chart Patterns & Indicators

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Rating: 4.4

Last Updated Time : 27 May 26, 07:22 pm

Technical Rating: 4.4

Stock Code LICI Market Cap 5,24,758 Cr. Current Price 830 ₹ High / Low 980 ₹
Stock P/E 9.14 Book Value 277 ₹ Dividend Yield 1.20 % ROCE 35.3 %
ROE 38.1 % Face Value 10.0 ₹ DMA 50 810 ₹ DMA 200 841 ₹
Chg in FII Hold 0.11 % Chg in DII Hold -0.06 % PAT Qtr 23,420 Cr. PAT Prev Qtr 12,958 Cr.
RSI 56.8 MACD 6.94 Volume 60,75,618 Avg Vol 1Wk 79,45,365
Low price 722 ₹ High price 980 ₹ PEG Ratio 0.55 Debt to equity 0.00
52w Index 41.9 % Qtr Profit Var 23.2 % EPS 90.8 ₹ Industry PE 72.2

📈 Chart & Momentum Analysis

- Current price (₹830) is above DMA 50 (₹810) but slightly below DMA 200 (₹841), showing short-term strength with medium-term resistance.

- RSI at 56.8 indicates neutral momentum, leaving room for upside.

- MACD at 6.94 is positive, confirming bullish bias.

- Bollinger Bands: Price near mid-to-upper band, suggesting steady upward movement.

- Volume (60.7L) is below average weekly volume (79.4L), showing reduced participation.

🎯 Entry & Exit Zones

- Optimal entry: ₹810–₹820 (support near DMA 50).

- Exit/Profit zone: ₹860–₹880 (resistance near DMA 200 and trendline).

- Stop-loss: ₹795 (support zone).

📊 Trend Status

- The stock is trending upward with mild bullish momentum, but facing resistance near DMA 200.

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Positive

✔ Strong ROE (38.1%) and ROCE (35.3%).

✔ EPS at ₹90.8 reflects robust profitability.

✔ PEG ratio at 0.55 indicates undervaluation relative to growth.

✔ PAT growth (+23.2%) supports earnings momentum.

Limitation

⚠ Trading below DMA 200, resistance overhead.

⚠ Volume tapering, showing weaker conviction.

⚠ Price still capped below 52-week high (₹980).

Company Negative News

📉 DII holding reduced (-0.06%).

📉 Price action capped below 52-week high.

Company Positive News

📈 PAT growth from ₹12,958 Cr. to ₹23,420 Cr.

📈 FII holding increased (+0.11%).

📈 Dividend yield at 1.20% adds investor appeal.

Industry

🏦 Insurance sector PE at 72.2, LICI trades at a discount (PE 9.14).

🏦 Sector outlook remains stable with long-term growth potential.

Conclusion

🔎 LICI is trending upward with strong fundamentals and bullish signals. Best strategy is accumulation near ₹810–₹820 and profit booking around ₹860–₹880. A breakout above ₹880 would confirm bullish reversal toward ₹900+.

Would you like me to refine this into intraday trading signals for sharper entries/exits, or extend into a swing trade roadmap with layered targets and holding guidance?

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