Chart Check: Down over 20% from highs! This life insurance stock looks ripe for a bounce back - Economic Times

The stock with a market capitalisation of more than Rs 76000 cr, hit a low of Rs 430 and then bounced back. It retested levels of Rs 480-490 multiple times in the month of May and staged a smart bounce back.

Bears remained largely in control of ICICI Prudential Insurance Company after it hit a 52-week high in September 2021, but technical suggests that the stock could well bounce back from crucial suppor… [+2213 chars]

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