santosh_dts

Clear Breakout in LICHSFIN

Long
NSE:LICHSGFIN   LIC HOUSING FINAN
The price tested the 200 MA twice in the last month, but failed to sustain above the same. This time it has done so with little less momentum compared to last tests, which suggest the seelers are no more interested to sell at higher levels and buyers are gettig a free passage. the stock is a good buy at a small dip near upsloping lower channel TL with a SL below 280 for a initial Tgt of 325 and more witha Trailing SL.

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