AbhishekHSinghCMT

LICHSGFIN 2016 Diary- 150+ points- Flag Upside Breakout

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
462 views
7
A flag breakout likely to kiss the zone 590-595 with key support at 530 levels -before it resumes larger downtrend.


In all the charts- click the charts & use load bar feature

Previous Updates

Update 1- Searching for selling opportunity close to 600 marks


Update 2- Down from 600 to 467

Update 3- Bullish Hidden Divergence

Update 4- Pushes for 590-600 & bears will push down to 450 levels

Trade active: 12:27 2nd Dec2016

Last Price@529

Keeping 524 intact as downside maximum risk- you can take if looking for upside, but careful 524 broken -do not hold- then we will come back again.
Trade active: 10:21 Hrs 3rd Jan2017

Sorry Typo again yesterday for stating wrong date- "2nd Dec2016" instead of correct on- "2nd Jan2017"

Its a no trade in LIC as prices looks to move into big range on top@575 & below@475-unless breaks either side-it is going chop in between.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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Comments

Thanks for update.
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Sir this is sustaining at 530's level should I enter on short term prospective.
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AbhishekHSinghCMT sunilshinde1304
@sunilshinde1304, Posted above.
Reply
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