ramanuj114
Long

KEEP OPEN UR EYE ON LIC HOUSING FINANCE

NSE:LICHSGFIN   LIC HOUSING FINAN INR2
1 -- IF LIC HOUSING FINANCE COMES BETWEEN 685-675 THAN GOOD OPPORTUNITY FOR BUYING WITH SL 665
TARGET WOULD BE 705-715-735
2 -- ONCE RSI CROSS ABOVE LINE (35)
IF U GET ANYTHING FROM BOTH 1 OR 2 U CAN TAKE POSITION
BEFORE TAKE ANY POSITION STUDY BY,YOUR SELF ALSO...
Trade active: PRICE REACHED 675-680 AT 9.20 AM
Trade active: MADE HIGH ABOVE 698 FROM AROUND 680
WAIT FOR BIG RALLY
Bro. I have already entered at 698 level 2 days ago expecting for a target of 770. Now trading at 691 above 100 DMA and resistance of 5 DMA at 715, 20 DMA 735 and 50 DMA 740. What is your opinion wheter it would cross these hurdle and could go to 770 level or the maximum upside is capped at 735
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ramanuj114 Siddharth_Kr_Jain
@Siddharth_Kr_Jain, bhai first pf all lic housing finance is a good script for trading, i suggest u no need to worry or be panic at this time
use proper sl always which u generate or i have given, and i know also if lic housing finance will get slo than also it will cross 700 and the main point is now-a-days if lic or any good script have been fallen 10-15%% from last 7-15 trading session than most probability is this script will recover almost 3-5% or above and this time it will break all previous record, it happens only when the script got reversal from downtrend... new doji appeared in lic daily candle chart and this is symbol for reversal pattern...bhai wait karo thoda i personally suggest u
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@ramanuj114, Thanks a lot brother
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@ramanuj114, Sir it that new doji appeared called bullish harami cross. As I am in learning phase of charts, so asked you this question
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ramanuj114 Siddharth_Kr_Jain
@Siddharth_Kr_Jain, sir in my view doji always alert that previous trend is going to be end, be cautious for reversal ,while sometimes doji appers but trend does not reverse also..but doji always remind or alert us that last trend is coming to end if doji appears on top it means down trend might be started from top, while doji appears in bottom it means uptrend might be started from here ....
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