Lic Share Price – Target for Short term 2022 (October- December)

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Lic Share Price Target : In the article I will discuss about LIC Share Chart, what would be the short term target, On the basis of Daily, weekly and monthly chart analysis we will try to find out the short term target for Lic share and currently what is the direction of the stock.

Lic Share Target for Short term and Stoploss

Analysis on Daily Chart-

On Daily chart recently touching the low of 291 we see a good buying from that level and from that level lic share showed the rally till 442 level, from that level stock again fall, but at the level of 390 again buyer activated and it seems that now the is the important support level for lic stock.

Now for very short term the next target for Lic Stock would be 440 and next would be 460, if we talk about the stop loss, then if the stock close below the level of 390 then, a downside risk would be opened.

Direction– for short term daily chart the stock direction is in uptrend.

Analysis on Weekly Chart-

If we check the Lic share on weekly chart then its seems that 470 is a very strong resistance for lic stock, if the stock close above the 470 level then the next target will open fot the stock, then next target according to weekly chart would be 540 and 580.

If we talk about the support level on weekly chart then 380 to 390 level is a good support for the stock.

Direction: On weekly chart the direction of the stock is sideways with little bit upside direction.

Here to find out short term target we have only used the daily chart and weekly chart.

Target on the basis of Daily chart Analysis

Stock NameTarget 1Target2Stop Loss
    
Lic Share440460390
    

Target on the basis of Weekly chart Analysis

Stock NameTarget 1Target2Stop Loss
    
Lic Share540580380
    

Disclaimer: We are providing these level based on our analysis only for education purpose, before buying or investing in any stock ,consult your financial adviser.

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