LIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to...
Nifty
Closing 13981
Well although Nifty did nothing on December 31, 2020 but after our view posted on December 25, 2020 Nifty had already moved a little faster and was ahead of it's time and like all Express trains🚆 which run before time have to wait outside the station for it to enter; Nifty too took a breather today but closed exactly in the range we...
LIC HSG FIN
Last time when the stock was at 380, we had suggested the stock is potentially running into a series of resistance and hence suggested a 410 Call Short strategy at 5
That has worked well so far giving us a profit of Rs 7200/- per lot so far
At current levels, we see the stock is trading near trendline support.
331 is very important for LIC HSG...
LIC HSG FIN
CMP 379
Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412
Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry
410 Call option around 5
Max profit potential in the strategy Rs 10000 per lot
Yield potential in strategy is of 4.5% on Margin up to 31 Dec
Risk coverage for a...
LIC HSG FIN
CMP 379
This is what we had said on 18th August
When price was at 266, Technical Analysis helped us envision that LIC HSG FIN can scale up to levels of 351-368
This is what Technical Analysis can do for you....
help you identify your Entry and Exit levels,...
The stck has already given a break out on a long term trend and also creating a short term trend. We can follow that trend and buy with a target price of 370. It has the potential to break out the short term trend (green) because of it's quarterly result. So in my view this is a good stock to bet.
1. Today Many channels and analysts called for buying opportunity in LIC housing Finance.
2. Currently in up trend channel.
3. Dont go long . It has formed Higher highs and higher lows formation.
4. Not sebi registered. Trade cautiously.
NSE:LICHSGFIN
Lic Housing Finance gives a breakout from 310 and then its re test the break out level, which is establish a bullish trend,
You can buy it from here as a short term trading, for a target 360 with a stop loss 280.
Remember in every trade there is a risk also, trade with your risk apatite.
Entry above 324(todays high may leads to good upmove)
accumulation zone 295-270(fibbo retracement zone)
good volume in last few sessions
weak below 250
currently trading above all important moving average
