LICHSGFIN WAVE COUNTLICHSGFIN POSSIBLE WAVE COUNT. FOR TRADING PURPOSE INVALIDATION LEVEL BELOW 242.
LICHSGFIN
LIC HSG FIN: Near important resistance levelsLIC HSG FIN
Cmp 260.8
Around 266-267 is an important level which may act as resistance
Given the setup, one may consider selling LIC HSG FIN 25 Jun expiry 280 Call option currently at 11
Max profit potential Rs 14300/- per lot (yield potential of 14% approximately) till 25 June.
More importantly, In built loss protection for rise in price up to 291 in equity
Take care & safe trading...!!!
LIC Housing Finance Limited - Bear flag patternLIC Housing Finance Limited formed a good Bear flag pattern. After Bread Down it took support from lower TL of the flag.
Short below 256.00
Target 1 - 252
Target 2 - 247
Target 3 - 239.8
LIC HSG FIN: Remember Double trouble resistance at 270LIC Hsg Fin
On 9th May, when the stock was at 262, had given a sell around 270 for target of 228. It gave good entry opportunity to sell at those levels...
Those who took the trade were rewarded handsomely today. It is not by chance or by luck. But it is the efforts behind the scenes that makes the difference.
Start listening to charts & chances are you might start feeling lucky more often :-) To learn & earn you may get in touch.
Happy trading...!!!
LIC Housing Finance: Double trouble resistanceLIC HSG FIN
Closing price 261.85
Observations
- Gap zone created on 4th May 2020
- stock faces resistance exactly at gap levels
- broken the channel in the process
- zone of 251-254 may provide some support
- once that level is taken out the stock may come towards the green line
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Consider selling on rise (preferably in the zone of 265-270) for target of 254 / 246 / 228
Pattern gets invalidated if stock goes closes above 282 on daily charts (for positional play)
Intraday traders may look to cut down the risk if stock closes above 272 on hourly chart
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Alternatively one may consider selling LIC HOUSING FINANCE 28 May expiry 280 Call Option around 14-15
Lot size 1300
Max profit potential Rs 18200/- to 19500/- per lot
In built loss protection in strategy for a rise up to 294
Take care..!!!
Be safe & be strong.
(Intraday) LIC Housing Finance Short with Shooting Star
Hi,
1. Ascending Triangle Pattern Formation on Day Chart.
2. Price movement is inside the Up Trending Price channel.
3. Buy Only Above 288 Target: 294 , 304 , 314 Stop Loss: 277
But
4, On 30/4/20 , A Shooting Star with Inverted Umbrella Formation on Day Chart.
5. I expect the price will fall to the wall Triangle Pattern.
6. Intraday, Sell Below 282 Target 280, 277 , 273 , 271 SL 285
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LICHSGFIN KEY LEVELS SUPPORT AND RESISTANCE 13/04/2020Key Levels for LICHSGFIN :
Upper Breakout~
First Target~
Interim Resistance~
Final Resistance~
**Lower Levels**
Lower Breakout~
First Target~
Interim Support~
Final Support~
Please trade with caution and consult your financial adviser before trading.
LIC HOUSING FINANCE REVIEWIT WILL FILL THE GAP AS SHOWN AND WILL RESUME UPTREND AFTER TOUCHING IT SELL ONLY BELOW TRENDLINE
LICHSGFIN !!!! Surprising breakout. LICHSGFIN
Daily breakout
if sustains on 474 must be showing 500-502
levels.
HH-HL formation
trend bullish
Twitter - @TheSachinJain
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Do check out previous charts and setup. Latest nifty levels. :)
#LICHSGFIN long opportunity #priceaction #shorttermtradingLICHSGFIN is trading in a channel on longer timeframe.
Currently moving towards upper channel and is in resistance zone.
Entry above 443 on DCB.
View negates below 436.5 on DCB.
#LICHSGFIN ViewLichsgfin may try to fill the gap in coming sessions, if breaks the resistance & sustains above... if not, downtrend may resume
