MANNRK75

LICHFL - 5th wave to hit Rs 580 target

MANNRK75 Updated   
NSE:LICHSGFIN   LIC HOUSING FINAN
Weekly charts are showing that 5th wave is going strong. Once 485 resistance is broken, we can see 550 in June series and eventually 588 on the cards. An extended wave could well hit Rs 850.


Education purposes only. Just studying EWP, please correct / add your comments / opinion.
Comment:
There is a mini 5 wave pattern on hourly / daily charts within the 5th wave on weekly charts.
Comment:
Strong breakout seen. Target 1 possible on Monday / Tuesday.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.