TAKING SUPPORT AT A FIBO LEVEL. THE REWARD TO RISK RATIO IS ATTRACTIVE AT THIS LEVEL. MAINTAIN A STOP LOSS OF 446 AND LOOK FOR TARGETS OF 480. BUY ONCE IT SHOWS SOME STRENGTH.
Script has formed Head & Shoulder pattern. Breakout is done and retesting in progress. Shared only for educational purpose.
LIC 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...
LIC housing finance on cup and handle break out. See targets and stop loss in graph. This is for educational purpose and consult your financial adviser before buy.
LIC Housing:- Buy range 475-455 SL 440 Target First 590 and second target 800
PREVIOUSLY SHARED AT 390 LEVELS FOR TARGETS OF 495. A SMALL CORRECTION AFTER A HUGE RALLY IS NORMAL. IT IS AGAIN AT A GOOD ZONE TO ACCUMULATE FOR TARGETS OF 570.
This is where a cup & handle would have more significance -- At the bottom of a downtrend. The price decisively crossed the neckline near 490 and is pulling back for a retest. A hold near the neckline may push the price towards 587 and later 794. Just notice how the C&H target coincides with the prior highs. Regards JJSingh
Strong & Immediate support for LIC is 486-487. A good pullback can be seen upto 505 from here. If broken & sustain below 485, then 463 is target. "Simple Chart speak better Story" Note: This is for education purpose only. I am not SEBI regd Analyst.
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Buy above 525 for 540/550/570 Stoploss - Keep accumulating at bottoms
Technical view: Chart pattern: Inverted H&S Pattern, RSI is Bullish, MACD is Above Signal and center, ADX is Bullish. Buy at cmp for 700+ levels, horizon: 3M.
enter once the weekly candle breaks the high of inverse head and shoulder pattern
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
CUP AND HANDLE BREAKOUT IN WEEKLY CHART, SUPPORTED BY VOLUME AND RSI, BUY ABOVE 540 SL 490 TARGET
* Inverted Head & Shoulder Chart pattern breakout in weekly chart with extremely high volume .