Strength :-
Growth in Net Profit with increasing Profit Margin (QoQ)
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Tiredness :-
Red Flag: High Interest Payments Compared to Earnings
Negative Breakdown Third Support (LTP < S3)
Companies with High Debt
Inefficient use of...
LIC Housing Finance Limited is one of the largest Housing Finance Mortgage loan companies in India
Buy on Current Market Price.
Also announcement dividend of Rs. 8.50 Per Share and Its Ex-Date is 19th Sep.
This stock has aligned all sentiments in multiple time frames which are good enough to forecast next moves, and it indicates bearishness ahead.
Price trading below support line and also below major EMAs like 200ema, 100ema, and 50ema on Daily time frame.
Wave structure is also suggesting more correction ahead, after good up rally and high of june 2021, it started...
Hello traders, deepakntr achieved its target when gave a breakout of the H&S pattern in a single day.
Next stock I am focused on is lichsgfin, it has seen a good correction in the past weeks and have retraced back to the golden ration or zone.
On weekly timeframe it took support on 61.8% fib and bounced back
Above the flip level
Bounced back from demand zone
RSI...
On the weekly chart, the Share bounces back after hold a major support level at 373. If he holds it and momentum continues upward as per the chart then it going to test again at 450 levels in the near future.
Short term target is 450 from the current level
Long term target is 520 in 12 months
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a bullish breakout with volume. RSI above 60 indicates bullish momentum. Moreover, relative strength shows crossing Nifty 50.
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.
LICHSGFIN 1 WEEK HEAD AND SHOULDERS PATTERN FIND IT BREAK THAN IT GO LONG WE BUYING THIS. NOW THIS MONTH THE FINANCIAL SECTOR WILL GO BULLISH.
YOUR POSITIONAL TARGET: 529 AND 564
As there's a good chance of lockdown in India and hence people are willing to buy home more and more. According to a survey 85% of people are willing to buy a house now than ever and hence a good portion will come as revenue for the Home Loan industry where LIC enjoys 20% market share.
Safe traders can wait for the channel pattern to break and aggressive can take...
NSE:LICHSGFIN
Hi Traders,
After retracement, LICHSGFIN broken short term trend line and start to develop Higher High and Higher Low pattern. Current price zone is good for entry.
Entry and target level on chart.
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If it is helpful...
Price finally breaks the resistance levels and now trying to retest the same levels. If breaks 323 levels then first and second targets will be reached with ease.
