LICHSGFIN - Cup and Handle -Breakout - Daily
LICHSGFIN - Chart gave Cup and Handle breakout with good volume.
We can keep stop loss as low of the breakout candle which is 703.
Based on the pattern target can be 723 range with time frame 3-6 months.
Name - LICHSGFIN
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 723
Target - 811
SL - 703
Fundamental analysis of LIC Housing Finance Ltd (LICHSGFIN):
Company Overview
LIC Housing Finance Ltd is a prominent housing finance company in India, providing loans for the purchase, construction, repair, and renovation of houses/buildings. It also offers loans to corporates for staff quarters and other lines of credit.
We can keep stop loss as low of the breakout candle which is 703.
Based on the pattern target can be 723 range with time frame 3-6 months.
Name - LICHSGFIN
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 723
Target - 811
SL - 703
Fundamental analysis of LIC Housing Finance Ltd (LICHSGFIN):
Company Overview
LIC Housing Finance Ltd is a prominent housing finance company in India, providing loans for the purchase, construction, repair, and renovation of houses/buildings. It also offers loans to corporates for staff quarters and other lines of credit.
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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.