AbhishekHSinghCMT

LICHSGFIN- Bullish Hidden Divergence for B-Wave 545-560

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
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4
When prices make higher lows (green line) & in the same duration if you notice lower lows in Indicator as shown in the MACD indicator (red line). Looking for B-Wave upside which could retrace in the zone 50% to 61.8% zone- giving us target zone of 545-560.

Sustaining above 520 could be keenly watched for target zone 545-560.

Falling from 600 to 467- click the chart

Searching for Selling opportunity close to 600 marks- click the chart
Trade active: 10:02 Hrs 21st Nov2016

Last Price@509.15

Not sustaining above 520 - It falls to the day's low 508-509.
Trade active: 06:03 Hrs 24th Nov2016

Last Price@525

Went Marginal Upside above 520- as suggested.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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