ICICI Pruli Bullish for small swing

I'm bullish on ICICI Prudential Life Insurance for a short-term swing trade. The stock is showing strength with a positive trend, healthy Fibonacci retracement, and rising volume support, signaling a potential breakout from its recent consolidation.

📊 Business Snapshot:
ICICI Prudential is one of India’s leading life insurers, backed by ICICI Bank. The company has a strong product mix, digital distribution, and growing assets under management (AUM). It's well-positioned in a sector seeing rising demand for protection and long-term savings.

💰 Financials:
Steady annual growth in premium income, a consistent solvency ratio above regulatory norms, and a healthy embedded value (EV) make it fundamentally stable. Profit margins have remained resilient even in volatile markets.

🎯 Swing Setup:

Target: 3–4.5% short-term upside
Stop-loss: Just below recent swing low
Trend: Positive
Volume: Gradually building
Retracement: Holding key support zones
📈 A compact swing opportunity — best tracked on Excel for SL, target, and position sizing.