LIC HOUSING : Breakout

Updated
after a zig-zag correction the stock has given a breakout over the channel . One should buy the stock from the current level maintaining a SL of 380 and look for the target area of 435/460.
Note
1st tgt reached
Trade closed: target reached
all targetes reached
elliottwavecorrectionelliottwaveforecastsElliott WavelichousingParallel ChannelstockmarketanalysisstocksignalsstocktradingTechnical AnalysisTrend Analysis

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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