himanagendra

Less risk more Reward.

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
LICHSGFIN is at very interesting levels now.
It is at the reversal points now. thought it would take some time to reach this level but thank god,
we got to this level soo soon. We can expect a major bounce back in upcoming session.

With the upcoming LIC IPO , now is the time to buy this share. will test 512 level in the upcoming sessions
and later 589 too maybe by the end of the month or mid of next month.

Consider the ORNAGE line as support and we can expect a bounce back on monday.
if 458 level is taken out on monday, 512 can be seen in no time.

Stoploss: 1 hr closing candle below 424. risk is less but the reward is high
Targets: 512, 573, 589. Safe book at 512. Long traders can wait

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