Stock Radar: Breakout from multi-month falling trendline resistance makes ICICI Lombard stock an attractive buy

ICICI Lombard General Insurance has broken above a multi-month falling trendline resistance after a sharp recovery from September lows. The stock has reclaimed key moving averages and gained over 17% in a month. Technical analysts see further upside, recommending a buy with a target of Rs 1,980 over the next three to four months.