LICHSHGFIN BREAKING OUT OF FALLING WEDGE PATTERN
Updated
SUMMARY:-
*stock is breaking out of falling wedge pattern
*also stock is on the verge of breaking its 200-ema
*stock can see massive short-covering above 400
LICHSGFIN CASH
BUY@391-393
STOP@383
TARGET@407-414-421
*if stock breaks back into pattern then pattern has failed
*so risk reward ratio is good
*week chart indicates big moves above 420
NOTE:
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
*stock is breaking out of falling wedge pattern
*also stock is on the verge of breaking its 200-ema
*stock can see massive short-covering above 400
LICHSGFIN CASH
BUY@391-393
STOP@383
TARGET@407-414-421
*if stock breaks back into pattern then pattern has failed
*so risk reward ratio is good
*week chart indicates big moves above 420
NOTE:
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
Trade active
STOCK LOOKING GOOD TRADING ABOVE 200-EMAA WEEKLY CLOSE ABOVE 410 WILL OPEN ABOVE TARGET OF 425-430
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*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
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