ICICIPruLife has taken multiple support at 20DMA

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ICICI PRUDENTIAL L (NSE:ICICIPRULI)

NSE:ICICIPRULI ICICI PRUDENTIAL L

ICICI Pru Life Insurance company has taken a support at the 20 DMA multiple times.
The idea is to go long on the stock at the current price of 421.85 with a tight stoploss of 1 ATR ~404.
The stock fell with the overall market today but did not breach the 20DMA support. Some resistance seen at 437 post which its poised to go higher.

This idea is for education only.

This idea is for information only!
Mitesh

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