LICHSGFIN is at Support buy signalI will buy LICHSGFIN because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 450/470
Target : 542
Stop loss : 446
LICHSGFIN
LIC Housing Finance will give your portfolio the power of GreenThe 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 transformed itself as a Bullish trend. So trend says, 'Buy'
CMP - 443.85
TGT - 475.15 / 535.15
SL - 425
FY21-22 Swing Trade Idea #166: Long on LICHSGFINThis 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 objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
LIC Housing Finance 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.
Breakout in LIC Housing Finance...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LICHSGFIN at its Critial Point..!!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 cover) :)
LIC HSG FIN: Chart set up & F&O trading strategy for July expiryLIC Hsg Fin
- The zone of 440-458 is crucial zone for LIC HSG FIN
- Blue support line currently around 420 odd levels
The target for the current set up 492 / 505 / 518
Strategy: One may consider buying in 2 tranches
1 at current levels and 2nd on further dips towards blue line
Exit if closing below 408
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Alternatively one may consider
Bull Put spread strategy
Sell LIC HSG FIN 440 Put option around 10
Buy LIC HSG FIN 400 Put option around 2.5
Lot size 2000
Max profit potential in strategy Rs 15000 giving a yield potential of approximately 15% on margin requirement.
Take care & safe trading...!!!
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Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be