LIC HOUSING FINANCE LONG
Updated
An inverted Head and Shoulder pattern can be seen on the weekly charts of LIC HOUSING FIN. A long trade can be taken if it breaks the line and sustains. (OPEN CHART FOR DETAILED VIEW)
I would suggest a long swing trade with following levels.
Entry: Around 480 on closing basis
Target 1: 515-517
Target 2: 550-553 (Weak target, can be broken easily)
Target 3: 585
Target 4: 628-630
Stop Loss: 455
TRAIL STOP LOSS
MACD BULLISH
VOLUMES CHECK
Thanks
FOLLOW IF YOU LIKE IT
I would suggest a long swing trade with following levels.
Entry: Around 480 on closing basis
Target 1: 515-517
Target 2: 550-553 (Weak target, can be broken easily)
Target 3: 585
Target 4: 628-630
Stop Loss: 455
TRAIL STOP LOSS
MACD BULLISH
VOLUMES CHECK
Thanks
FOLLOW IF YOU LIKE IT
Trade active
Approaching entry point, keep a look. Risk takers can enter at CMP.Trade closed: target reached
ACHIEVED TARGET 1 IN JUST 3 DAYS!!!9.8% RETURN IN JUST THREE DAYS!!!!!!
TARGET 2 IS ON!!!!
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.