ICICI Pru Life Insurance Co Ltd - Further downward Correction
ICICI Pru Life Insurance Co Ltd - Further downward Correction pending
It is one of the top tier interesting stock to analyze by Elliot Wave. It's Unique way of movement, makes it most interesting and amazing.
It has been moving in a channel from 2016 till today 2025 - 9 years.It has a repetive pattern of moving in ABC formations always. Anyway - All stocks move that way, but cycle are very big to see them in real life. But it is happening in short term in this stock.
The stock had hit the highest value of 800 and from there it has corrected contnuously till 574, total 226 points down in 5 months, i.e. 45 points down movements per month.
We find that it has expected move pending till 525 ish. It is Possible that market may move further down for 2 months to reach target before moving up in monthly chart.
It is one of the top tier interesting stock to analyze by Elliot Wave. It's Unique way of movement, makes it most interesting and amazing.
It has been moving in a channel from 2016 till today 2025 - 9 years.It has a repetive pattern of moving in ABC formations always. Anyway - All stocks move that way, but cycle are very big to see them in real life. But it is happening in short term in this stock.
The stock had hit the highest value of 800 and from there it has corrected contnuously till 574, total 226 points down in 5 months, i.e. 45 points down movements per month.
We find that it has expected move pending till 525 ish. It is Possible that market may move further down for 2 months to reach target before moving up in monthly chart.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.