srikartiram

LICHSGFIN | Double bottom with RSI divergence 8% to 15% (2H TF)

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
LICHSGFIN | Double bottom with RSI divergence (W pattern) for 8% to 15%
(2 Hours time frame)

CMP : 466 (Dip : 459)
SL : 450
Target : 506, 535

Almost 1:4+ risk reward setup

This is a small seperate trade, old weekly chart is still good for long time. Consider this as a seperate new trade

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.