Trends have been quite negative and despite the bullishness seen on the markets this stock has only headed lower. The prices have now breached the important supports and could tread lower. The prices are already trading below the ascending trendline. With the prices now breaching important supports on higher timeframes and the momentum too not supporting the...
Weekly chart. ABCD in process. retrace (B to C wave) shot lil below 38.2% (Fibo Drawn from right to left). So not a perfect ABCD. Once the resistance breaks (721) one can buy for 910+ as target. Second target 970+. Stop (Exit) level below "C" wave = 600 on weekly candle closing basis. Time frame 4 to 5 months.
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
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