As per the H&S pattern, 1st target: 305 which is also the 2nd support after (395 :this was the 1st support level, post which the stock bounced back).
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true
Guys LICHSGFIN makes new trend keep watch the trend line then enter the trade...
Entry Zone Above 562 or below 540
Disclaimer:
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.
The risk of trading in securities markets can be substantial. You should ...
Based on my PredictiveSystem's signals, its going to be a RED candle on 01-Jun-2018 for LICHSGFIN
Sell Below: 474 for targets -
T1: 470.4
T2: 468.3
T3: 466.1
SL: 477.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting ...
Weekly chart. Hammer after downtrend @ support level. Bullish candle after the hammer. Good risk reward ratio. Target 750 in 6-8 Weeks. Stop (Exit) below 595 on weekly candle closing basis.
Symmetric Triangle on Lichsgfin and it may break either side.
Trade Long:
Entry - 749
Exit - 785
Stop loss - 733
Trade Short:
Entry - 733
Exit - 697
Stop loss - 749
It is been observed on the daily and weekly chart that the price action consolidating within a triangle formation for last five months and now it has finally broken above the trend line and indicating a further bullish move ahead.
Target 1: 580
Target 2: 600
Stoploss: 550
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