NeeteshJain

LIC HOUSING - Bullish RSI Divergence at Support Zone

Long
NeeteshJain Updated   
BSE:LICHSGFIN   LIC HOUSING FINANCE LTD.
It has been observed that the price action trending in a down rally but now indicating a reversal due to Bullish RSI divergence, where RSI forming higher high and price action forming lower lows. Now, it shall further move up to the bigger downward trendline at around 640 levels.

T1- 610
T2-630
SL-572
Comment:
Keeps this one for tomorrow's watchlist, may see a big movement in it. Thanks
Trade active
Trade active
Trade active:
Holding tight in downward markets, waiting for markets to turn to rally
Trade active:
Breaking downward trendline consolidation on the 15 mins, now a good movement expected from here on.
Comment:
It turns out to be a big breakout
Thanks
Trade active:
Crossing 600 levels.
Trade closed: target reached:
Target 1 reached successfully today.
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