Lucifer759

LICHSG topping out with H&S pattern

Short
Lucifer759 Updated   
NSE:LICHSGFIN   LIC HOUSING FINAN
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
Comment:
First target 398 reached. Modify stoploss to 435

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