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LICHSG topping out with H&S pattern
LIC HOUSING FINANCE LTD
Short
LICHSG topping out with H&S pattern
By Lucifer759
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Updated
Oct 27, 2018
0
Sep 23, 2018
A long term bullmarket in Finance stocks may be coming to an end.
LICHSG confirms Bearish Head&SHoulder pattern by closing below its neckline(460).
SEll on rallies towards 460 and wait for targets of 398 and 355 on this stock with a closing stoploss above 485
Oct 27, 2018
Note
First target 398 reached. Modify stoploss to 435
BAJFINANCE
DHFL
Head and Shoulders
LICHSGFIN
Support and Resistance
Lucifer759
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