The script is trading near its support line. Can expect 9% returns in 1 - 2 months. Good to hold for the long term.
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The script gave 5% in just one day.
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Those who had missed the trade, watch for a breakout above 1600 for a good rally...
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How lovely for that!! Wonderful breakout as predicted. Guys... I suggest you follow few scripts. Don't concentrate on multiple stocks, nifty, bank nifty all at a time. Watch which sectors are performing well. Check the technicals. The movement in our script has no direct relation to nifty unless you trade Nifty heavyweights. Enter a trade when technicals are good and have decent targets. Should balance well between greed and fear. If the trade goes entirely against our prediction exit early to save the capital. 8 out of 10 trades should give you profits if executed carefully.
Now, I suggest you see my idea given for TCS. The chart of ICICIGI more or less resembles that of TCS. I had suggested to go long in TCS at around 3160 rupees a few weeks back. Now it is trading at 3750 plus rupees. This ICICI Lombard script had given a good breakout. Expecting a decent rally. Technicals work 80% of the time. The resistance line should act as support. Keep appropriate stop loss and take positions. Happy trading.......