LIC Housing Finance is getting ready for next down wave
LIC Housing Finance has been moving in very nice parallel channel for a long but it’s looking week on daily chart so there is high probability it can break channel.
After it breaks channel, if you want you can wait for confirmation on 1 or 4 hour chart for red bearish candle.
TP is 516, If it breaks below 510 target are 502, 487
If your idea matches mine open short, I will keep you posted as price moves. If you like my Idea give it a thumbs up that all my reward my work and keeps me motivated to push new ideas.
After it breaks channel, if you want you can wait for confirmation on 1 or 4 hour chart for red bearish candle.
TP is 516, If it breaks below 510 target are 502, 487
If your idea matches mine open short, I will keep you posted as price moves. If you like my Idea give it a thumbs up that all my reward my work and keeps me motivated to push new ideas.
Trade closed: target reached:
LIC HOusing Finance target 487 reached