Lichsgfinlong
Lic Housing Finance 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 capital to generate profits - RoCE declining in the last 2 years
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Declining Net Cash Flow : Companies not able to generate net cash
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
Weak Momentum: Price below Short, Medium and Long Term Averages
Happiness :-
Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
Negative to Positive growth in Sales and Profit with Strong Price momentum
Stock with Low PE (PE < = 10)
LICHSGFIN possible reversalHello 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 is above 45
MACD above signal line
Buy above 370
Targets mentioned in the chart above
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LIC HOUSING FINANCE GOING TO TOUCH 450 LEVEL SOONOn 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
LIC HOUSING TRADE || Short - term view || Easy profitAs 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 an entry now itself.
"Please feel free to comment if you have any doubts in the setup."
Triangle and look for break - 323 is ideal.Price still trading below 323 levels which is crucial levels for going long. Price now took support from the trend line and reached the resistance zone, if rejects go long at trend line support if breaks 312 then look for short long entry till 323.
If price closes above 323 then one can look for positional cash long trade.
LICHSGFIN : Trade SetupNSE: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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