LICHSFIN BASED UPON 1:2, 1:3,1:7 Risk Reward POSITIONAL BELOW 560 TGT 3% 5% 10% SL 1.5% INTRADAY BELOW 560 TGT 1% 2% 3% SL 0.5%
Sell Near 567-570 Stoploss 591 Target 540-530 Reasons for Trade-1. Price has formed strong bearish candlstick pattern on daily chart. 2.Price has taken resistance at daily channel 4th time 3.Price has taken horizontal resistance 3rd time. 4Risk Reward is more than 1:1.5
LICHSGFIN- BUY ABOVE 572. SL-558. TGT- 580, 594, 600+++
LIC LOOKS STRONG IF CROSS ABOVE 569.... KEEP TRACK OF IT
LIC housing finance is looking weak, Seeing volume and price anomalies. Target: 496
LICHSGFIN beautifully respecting the trendline and continues to trade within the channel.
TARGETS MENTIONED IN THE CHART
SUPPLY 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 478
Sell LIC Housing Finance at 454 Stoploss closing above 474 Target 423 400
SELL LICHSGFIN (LIC Housing Finance Limited) BELOW 467
Prices 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...