Stock to buy today: Life Insurance Corporation of India (₹880.75)


We expect the stock to resume the rally and appreciate to ₹950 in the near term
The stock of Life Insurance Corporation of India garnered nearly 13 per cent gain last week, covering up losses it experienced in the preceding nine weeks. So far this week, it is down 2.3 per cent. This correction is likely to be temporary as the price action indicates a strong shift in momentum in favour of the bulls.
Video Credit: Businessline
So, the ongoing blip is likely to be arrested by the support at ₹870, a support where both 21- and 50-day moving averages coincide. We expect the stock to resume the rally and appreciate to ₹950 in the near term. So, buy at ₹880 and ₹860. Stop-loss can be ₹840. On a rally to ₹915 and ₹930, revise the stop-loss to ₹890 and ₹910 respectively. Exit at ₹950.
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on February 13, 2026