💼 ICICI Prudential Life – Gradual Strength Rebuilding
ICICIPRULI Life gained +2.7% to ₹643, extending its recovery phase.
Positive cues:
Insurance sector showing renewed traction post IRDAI reforms on commission caps and product flexibility.
Improving VNB margins and premium growth expectations aided buying interest.
Technical view:
Price reclaimed 9-EMA (₹620) with healthy volume.
RSI at 58 — steady upward momentum.
Resistance ₹655–₹670; support near ₹620.
📈 Tone: Gradual accumulation visible; uptrend resumption possible above ₹660.
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