LIC Housing - Back In Channel.
Moving in downward channel.
As per previous chart touched upper line of channel & trying to break out above it but fail to sustain & formed a Double Top.
Below 545 looks weak.
Sell Below 545 only.
Targets are 519/509/499,
Resistance @ 565.
Will review later near targets/resistance.
Positional View.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
As per previous chart touched upper line of channel & trying to break out above it but fail to sustain & formed a Double Top.
Below 545 looks weak.
Sell Below 545 only.
Targets are 519/509/499,
Resistance @ 565.
Will review later near targets/resistance.
Positional View.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
Trade active
Trade closed: stop reached
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