LIC Housing Finance Ltd
Updated

2 patterns in one chart - LICHSGFIN

705
I can see two patterns in the chart. Price formed cup and handle and before it gave break out, then price has formed an ascending triangle.
723 - 727 is the support zone. Both patterns are bullish.
Buy above 730 with the stop loss of 724 for the targets 735, 741 and 748.
Sell below 718 with the stop loss of 724 for the targets 713, 708 and 701.
Check the live market updates.

Hit the like button to Rock !! Show some energy !!

Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Trade active
Long.
Trade closed: target reached
All targets done. snapshot

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.