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Icici Prudential Life Insurance Comp Ltd

* ICICIPRULI has been inching higher for the last three months, after the breakout from a consolidation range.

* Formed a fresh buying pivot while holding above the support zone of its short term moving average .i.e 20 EMA.

* Set to cross the previous swing high and inch higher. Uptick in volumes is adding to confirmation.

* We thus recommend creating fresh longs in the mentioned zone.

Buy Icici Prudential Life Insurance Comp Ltd CMP 581.15; Range 580-583; SL 565; Target 615

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