Bravetotrade

LIC HOUSING FINANCE: CUP & HANDLE

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
This is where a cup & handle would have more significance -- At the bottom of a downtrend.

The price decisively crossed the neckline near 490 and is pulling back for a retest.

A hold near the neckline may push the price towards 587 and later 794.

Just notice how the C&H target coincides with the prior highs.

Regards
JJSingh
Comment: Be patient with your entries and then with your targets.