Life Insurance Corporation of India

Hello & welcome to this analysis

Stock has been very turbulant since its listing.

Initially a sharp disappointment for IPO investors and then a super duper rally from lows giving investors a 100% return.

However in the last few weeks its gone into a sideways zone.

Resistance at 1000-1050 with support at 850-800

Good stock to accumulate if 800 holds for decent upside