shiv2798
Short

Weekly Out look on LIC Housing Finance

NSE:LICHSGFIN   LIC HOUSING FINAN
164 views
6
164 4
I am looking this stock as bearish Continuation , to understand more insightful i have place two different trend line with different color
Both the trend line assessment confirms it is likely to head 585/577 i am looking for possible reversal on that range , till then i am bearish on this stock
Lets see how it unfolds in coming days
Regards
Aug 21
Trade active: Short trade active form 664,
Oct 11
Comment: Next week i am expecting this will make 585 /577

Comments

Bearish , but at 641 there lies a support, in 5,10,20 day sma
Reply
shiv2798 Sarsans
@Sarsans, Sir i agree with your views , SMA are tools only to inform you about the relation ship between current price action to past price action , it does not necessary the price will reverse at the said level , I would like to see the reversal candle in case the price stops with volume and then starts moving up
Thanks for your views
Regards
Reply


it may test 624 and it may retrace back
Reply
shiv2798 nalinakshi
@nalinakshi, May be Madam , May be but not for too long , it will fall back to level which i am expecting , but lets see how it unfolds
Regards
Reply
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