It is been observed on the Hourly chart that the price action is trending down in a downward wedge or triangle formation, taking support and resistance at the marked trend lines. Now, it has touched the higher trend line or resistance and now it shall retrace and further go down to the support trend line. Target: 670 Stoploss: 692 RR: 1:3
Once Again Symmetric Triangle on LICHSGFIN and may break either way... Levels for Make: Level 1 - 546 Level 2 - 561 Level 3 - 576 Level 4 - 593 Levels for Break: Level 1 - 517 Level 2 - 505 Level 3 - 492 Level 4 - 470 "Happy Trading"
Symmetric Triangle formation on LICHSGFIN and it may break on either side. I have mentioned some levels for trading. Levels for Long: Level 1 - 569 Level 2 - 581 Level 3 - 593 Level 4 - 608 Levels for Short: Level 1 - 547 Level 2 - 531 Level 3 - 517 Level 4 - 505 "Happy Trading"
Ascending Triangle formation on LICHSGFIN in 15mins chart and showing bullish trend. Trade: Buy above - 567.5 Target - 574 Stop Loss - 564.5 Reward Points - 6.5 Risk Points - 3 "Happy Trading"
Cup and Handle formation on LICHSG in hr chart and shows bullish sign. Trade Buy above = 563 Target 1 = 567 Target 2 = 574 Stoploss = 559 Reward Points = 11 Risk Points = 4
Ascending Triangle formation on LICHSGFIN. Buy above 528 Target - 534