abhishekkumarsimon

LICHSGFIN IS BACK INTO THE GAME , HUGE BRAKEOUT

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
since NOVMEMBER 2019 , The stock was trying so hard to break the 480 levels but couldn't do, till last week , it took almost 2years to break 480 levels ,
there's a theory in stock market that "the more amount of time a stock consolidates within a range or below a resistance level the more faster it will become a ROCKET when it breaks its Resistance''
The LICHSGFIN has just broke its strong Resistence of 480 and its ready to take off and soon it will become rocket ,technicals are very strong ,..it broke its long time down trendline Retested it then Took off with a HUGE VOLUME ,..
The Minimum target we can expect from here is 580 ,600, 620, with a stoploss of 510
Comment: Anyone can buy on dips
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