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Kundan Motwani

25th Sep · SEBI Registration INH000019354

ICICI Lombard General Insurance (ICICIGI)

ICICIGI
🚀 Breakout Stock Watch – 25 Sep 2026 ICICI Lombard General Insurance (ICICIGI) CMP: ₹1,577 📈 Why on watch? Stock gained around 5.1% today. Price-volume screen shows a price + volume breakout setup. It has moved above its first resistance zone; strong momentum is visible in today’s session. Current RSI is around 57, leaving room before the traditional overbought zone. Trading setup: 🔹 Breakout zone: ₹1,575–1,585 🔹 Sustained move above ₹1,585 with volume can strengthen the setup. 🔹 Keep the previous breakout zone/short-term support as the invalidation reference. 🔹 Avoid chasing if price makes a sharp gap-up. ⚠️ Market context: Nifty is currently in a weak technical structure after Thursday's sharp fall, so breakout trades need confirmation and strict risk management

#EquityResearch#FundamentalViews#TechnicalViews#Today’sTradingSetup
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