LICHSGFIN
LICHSGFIN looks good for long. Bounced back from supportLICHSGFIN beautifully respecting the trendline and continues to trade within the channel.
LICHOUSINGFINANCE SHORTSUPPLY ZONES, KEY FIB. RETRACEMENT LEVEL &
PAST HISTORY SHOWS REVERSAL
Enjoyable risk to reward ratio
levels mentioned in the chart
LICHSGFIN (LIC Housing Finance Limited) BUY ABOVE 478LICHSGFIN (LIC Housing Finance Limited) BUY ABOVE 478
LICHSG may visit previous lowsSell LIC Housing Finance at 454 Stoploss closing above 474 Target 423 400
SELL LICHSGFIN (LIC Housing Finance Limited) BELOW 467SELL LICHSGFIN (LIC Housing Finance Limited) BELOW 467
Parallel Channel/Engulfing Low risk tradePrices have nicely formed Up sloping channel and today's Engulfing offers an opportunity to go long at current level. One can risk the amout of one bar only. Prices have bounced at retest of lower trend line . We can initiate the long trade as the details given below
Entry 431
SL 408(closing)
Target 492
Risk/Reward Ratio 2.65
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Double bottom breakoutLICHSGFIN price has given Double bottom breakout at 454. retesting the BO zone. ready for target of 505+ SL below 435
#BUY LICHSGFIN (LIC Housing Finance Limited) ABOVE 455INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 15th)
#BUY LICHSGFIN (LIC Housing Finance Limited) ABOVE 455
LICHSG topping out with H&S patternA long term bullmarket in Finance stocks may be coming to an end.
LICHSG confirms Bearish Head&SHoulder pattern by closing below its neckline(460).
SEll on rallies towards 460 and wait for targets of 398 and 355 on this stock with a closing stoploss above 485
LICHSGFIN : to test 300 levelsAs 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
LICHSGFIN _ Bearish Pennant PatternBearish Pennat pattern: SL:455, Target 1: 393, Target 2: 260
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.
Long on LICHSGFIN Seems to have some pull back in LICHSGFIN and the levels are mentioned on the chart...
