The stock has been trapped in a channel for a while now, So we can expect a breakout or breakdown in the coming days. Last week, it broke down from a very important support of 500, And now it again is a range.
Buy above 482
Sell below 470
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me on tradingview to get such intraday and swing picks everyday. Happy Trading!!
Most of your ideas are very good and accurate. Wish you all the best. Welcome more analysis from yo. Thank you very much. please make another idea on LICHFL.
FAHEEMSAM
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@mc50reddy, Thanks for the commment. do look into all my analysis. and did not understand what it mean by "LICHFL". Did you mean LICHSGFIN ??