long position in LIC Housing
The scrip has formed double bottom. There is divergence in the trend of price and indicators(RSI & macd) thus there is high probability of trend reversal. If the price break yellow trend(resistance) line then uptrend will start.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.