lic housing finance looks bullish in medium term.
In weekly, price bounced from ascending channel support. sl - 633, tgt1 - 785, tgt2 - 825
hidden bullish divergence formed in weekly.
price reversed near lower bb , which is moving up.
hidden bullish divergence formed in weekly.
price reversed near lower bb , which is moving up.
Note
big red candle formed below lower BB and BB is expanding, looks bearish now, Trade closed: stop reached
channel support broken here, Note
ew analysis in daily, gives us two counts, in 1st count wave (iv) is going on, in.tradingview.com/x/rBUrBqmh/, it ll get invalid if it closes below wave (i) peak.
alternate count is 5 wave upmove is complete, and correction is going on
Note
regular bullish divergence seen around support zone, bounce back is likely, 
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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.