01-12-2023 09:35 AM | Source: Religare Broking Ltd
Stock of the day : ICICIPRULI Ltd For Target Rs.590 - Religare Broking

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ICICIPRULI Ltd

*  We are seeing noticeable traction in the insurance space and ICICIPRULI is trading in sync with the move.

* It has been trading in a parallel channel for the last two months.

* It has formed a fresh buying pivot holding above its short term average i.e. 10 DEMA suggests price to inch higher towards upper end of channel line.

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

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