tradetechnicalanalyst

L&T HOUSING FIN Major resistance or BO?

Short
NSE:LICHSGFIN   LIC HOUSING FINAN
Lic housing fin working on down trend channel. yesterday it was given positive move with huge volume for more up side it should cross and sustain above 400-425, which is not seems positive as per indicator positions. it also form H&S pattern on monthly chart . it has target for down side 300,So better to use this bounce to take exit.
Trade closed manually:
LIC housing crashh.. as per suggestion

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