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Rakesh Madhav CFA

10th Dec · SEBI-Registered Analyst

💼 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.

#Post-ClosingCommentary#TechnicalViews#FundamentalViews#SectorBreakouts
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