ReviveTraders

LICHSGFIN | Simple Price Action Trendline Break 🎯

Long
ReviveTraders Updated   
NSE:LICHSGFIN   LIC HOUSING FINAN
â­• Positional Trading opportunity ! Weekly Chart Alert !!!â­•

--Buy Above =395.10 or CMP
--Target = 486.70 | 573.10
--Stop-loss = 331.20
--Lot Size = 2000
--R:R = 2.79
--Expected Profit = 3,56,000â‚ą per lot (45 % )
--Expected Holding = 1-3 Months only

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â­•Technical Reasons to trade or Strategy applied :- â­•

1) Trendline & resistance Broken at the same time
2) volume is good as of now
3) Retracement could happen
4) Target is totally based on the resistance zone


Guys check out the related ideas as well, it will work really well GUARANTEED !

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Comment:
stock is planning to retest the support levels ...wait for the perfect entry
Trade closed: target reached:
1st Target reached

bought @ 395
booked @ 486.70
pints earned =91
lot size = 2000
PROFIT booked per lot =1,82,000 ( 23.30% )

Safe traders can book full ....rest modify their Sl to cost
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