If weekly support is being maintained then we can see a push to the upside at 330.00 level. If weekly support is broken then we can see a push to the downside at 155.00 level.
LICHSGFIN today had taken its previous multi year support at 385 level by making low of 388 and had a come back closing at 401 level. Trend of the market looks reversed as of today and hopefully if it bulls market then the stock should reverse from here. Holding the stock. Happy Trading to All.
A little practice chart from zoom homework. Best Alignment I could do was 219 by 12th Sept. Which I know would be dire straights lol. There are some other notable targets but the way the measurements kept fractalizing was rather intriguing.
As per my Technical it shows Range Breakout and First time give good closing above consolidation range in weekly Good to buy at CMP 599 CLBS 520 Tgt 700 800 900++
Good Buying Opportunity In Housing Finance Ltd Buy @ 2156 TP@ 2095 SL@ 2319
multiple breakouts .. BUY around 45-50 range ..
Trade with caution and proper SL and Target
On breakout, go long RSI at levels of 60 Targets - 2663, 2774, 2897
Trend is confirmed with Multiple break out with rsi is between 50 to 60 and horizontal trend line has broken, and 400 to 420 zone acting as the strong support zone
Stocks is consolidating for last 4 weeks near breakout zone. It has also give one shakeout. Further long term down trending line is near verge of breaking. It may be bought at 515 with SL of 484
In 15minutes chart, we can clearly see the breakout in HDFC. The breakout will clearly touch our targets, the short term target is 1800 and the positional target will be 1925.
OPEN SHORT HDFC if you want. short below 1705 for targets 1650 1635 and 1600, Long buyers you get at 1510 levels
FOLLOW CANDLE CLOSE BASIS ONLY