LIC HSG FIN
Observations
- stock is at important resistance zone
if this zone is taken out next resistance level is around 476-484 levels
- the red line of resistance and grey horizontal resistance line coincides around 484 on 28 October
- on the down side green line support on 28 October comes at 410 odd levels
Given the important levels
Strategy that may...
The Stock is super bullish, as it had crossed the range of 60 in RSI.
As per DMI, the buyers are up and sellers are crossed down; so it is a clean indication that the buyers are strong and the stock is bullish
The trend line says that, the stock was bearish from 535.15 to the point 400. Now the stock had changed its pattern and crossed the bearish trend and...
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bullish breakout with volume. RSI above 60 indicates bullish momentum. Moreover, relative strength shows crossing Nifty 50.
LIC Housing Finance showing flag and pole pattern it may go bullish after 421.
it has faced the resistence on 421 few minuts ago nuw again making a accurate bullish pattern if it will follow this price action it can be bullish for few days
LICHSGFIN 15 min time frame Analysis
Take trade as per the movement of the stock.
Follow proper stop loss and target
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
On the weekly chart, the Share bounces back after hold a major support level at 373. If he holds it and momentum continues upward as per the chart then it going to test again at 450 levels in the near future.
Short term target is 450 from the current level
Long term target is 520 in 12 months
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Stock at multi year support level. Can be bought from here in some quantity.
Stock is at Cum- Dividend price.. So one can also catch dividend opportunity.
Looking forward infrastructure plans and stimulus announced it would be value buy.
Finance sector is underperformed compare to nifty and in short run after monsoon it's expected to regain.
Buy LICHSGFIN @ 407.8
target 430
SL 402
Disclaimer: This is just for education purpose and you to take advice of your financial advisor before taking any trades.
Guys, LIChsgfin CMP 410, just broken its upward trend line yesterday post results which was below expectation, it will test the previous swing low placed near 470 before any chance of bounce.
Do your own analysis before investing.
This is at critical point. touching the support line. Best RR possible from here.
It is currently trading at PE of just 8, Once the LIC IPO will come in news this stock might boom till 800..!!
This is currently lagging behind just due to weak Banking & Financial Sector.
Keep this in your watch list..!!
Disclosure: I'm already invested. (Invest as per your risk...
Stock Accumulating at current levels
Taking support of previous resistance levels (445-455)
Also a 50% Fib retracement area
If holds current levels can see 540 again soon
