TradingView
MandeepSinghKohli
Jun 6, 2021 5:00 PM

Breakout in LIC Housing Finance... Long

LIC HOUSING FINANNSE

Description

Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

Trade closed: stop reached

Comments
rajeshe687
What is the maximum holding period for weekly breakout to achieve first target for any stock. Is there any chance after breakout also it will hit stop loss?.
MandeepSinghKohli
@rajeshe687, Weekly charts can take 3 to 12 months to perform i.e. hit targets. Probability are less but it's market, anything can happen. Stop loss are to protect from big loss so it's must...
rajeshe687
@MandeepSinghKohli, Thank you Mandeep for your valuable reply and time.
More