LIC HOUSING FINANCE:
TREND LINE BREAKED IN DAILY AND ADDITIONAL CONFORMTION. FOR IT BREAKE THE DT NECKLINE EXPECTING MAKE A NEW HIGH IN UP COMING DAYS.
TARGET ;292 FOR T1 AND 300 FOR T2.
SL: WHEN DAILY CANDLE CLOSE BELOW THE DOUBLE BOTTOM LOW.
Key Levels for LICHSGFIN :
Please trade with caution and consult your financial adviser before trading.
LIC Housing Finance has been moving in very nice parallel channel for a long but it’s looking week on daily chart so there is high probability it can break channel.
After it breaks channel, if you want you can wait for confirmation on 1 or 4 hour chart for red bearish candle.
TP is 516, If it breaks below 510 target are 502, 487
If your idea matches mine open...
Guys LICHSGFIN makes new trend keep watch the trend line then enter the trade...
Entry Zone Above 562 or below 540
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
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