mdhaamu
Long

LICHSGFIN - High Risk & High Reward

NSE:LICHSGFIN   LIC HOUSING FINAN
LICHSGFIN             landed it 's previous low, likely it's making inverse H&S pattern.
Now landed BB lower band and it could make RSI divergence on daily.
Indicates up move, high risk folks can enter now for target of 630, 650 & 660. If any break out, shall go ahead of 720 levels.
Stoploss 595.
Trade active
Trade active
Comment: Revise sl around 600
Comment: 3 consecutive spinning top candles, indicates irrational move on either side.
Stay LONG Keeping RSI divergence in place, but maintain tight SL of 600.
Trade active
Trade closed: stop reached
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