RaghunathHyd

LIC Housing Finance Formed a AB=CD Bearish Harmonic Pattern.

Short
NSE:LICHSGFIN   LIC HOUSING FINAN
2
LICHSGFIN formed a AB=CD Bearish Harmonic Pattern .

It can be shorted once we get a confirmation of red candle in next few days without breaching today's high.
Trade active: Shorted at 620
Comment: On the move. Keep in the trade and move SL to 600
Comment: Almost 80 bucks profit. Moving SL to 580 and staying in the short position.
Comment: Moving SL to 550 & staying in short position
Trade closed manually: Booked Profit at 544. Total profit of 76 bucks

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.