Movers & Shakers: Stocks that will see action this week
AI Summary
ICICI Lombard's formation of a morning star candlestick pattern suggests a potential bullish reversal, making it an interesting buy for investors looking for recovery plays in the insurance sector. Meanwhile, Oberoi Realty's recent price action indicates a possible resumption of its upward trend, which could be beneficial for investors in the real estate market, especially as demand rebounds. Swiggy's support at ₹262 presents a buying opportunity, but investors should remain cautious given its recent sideways trend and negative bias.
ICICI Lombard General Insurance Company (₹1,554)
The stock of ICICI Lombard General Insurance Company has been in a downtrend over the last two years. The latest downswing began in November 2025 on the back of the resistance at ₹2,050. However, the stock has now formed a morning star candlestick pattern on the weekly chart. This set-up has formed just around the support at ₹1,450. This indicates a bullish trend reversal. We anticipate a rally to ₹1,900 in the coming months. Buy now at ₹1,554 and ₹1,470. Place stop-loss at ₹1,380. When the stock moves up to ₹1,750, revise the stop-loss to ₹1,650. On a rally to ₹1,830, revise the stop-loss to ₹1,790. Book profits at ₹1,900.
Original Article
Published on Hindu BusinessLine
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This is a results news update from Hindu BusinessLine, published on 26 September 2026.
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TopFund's automated sentiment analysis reads this article as neutral in tone, based on the language used in the report. This is a general signal, not investment advice.
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