Long on LIC HOUSING FINANCEStrong support at 460 taken, can expect up move with short term targets of 540 (Previous High) SL 440. Risk:Reward = 1:3.
LICHSGFIN trade ideas
LICHSGFIN @ 467 is good for targets 480/490LICHSGFIN is slowing moving towards its pre-covid highs which is 570 levels and it has formed crucial support at 450 levels, it should rally to its immediate targets of 485 levels and if sustains above 485 for 3-4 days will target its recent highs of 530 levels. Risk reward is good in the stock for positional trades.
LICHSGFIN | Double bottom with RSI divergence 8% to 15% (2H TF)LICHSGFIN | Double bottom with RSI divergence (W pattern) for 8% to 15%
(2 Hours time frame)
CMP : 466 (Dip : 459)
SL : 450
Target : 506, 535
Almost 1:4+ risk reward setup
This is a small seperate trade, old weekly chart is still good for long time. Consider this as a seperate new trade
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
Using of Time based Tools I have made a small Explanation here how to determine the change in the trend and how to determine using time based tool to confirm the trend has changed or the pattern
has confirmed the Next trend
Hope you will find small info in the explanation , You need to search Google for more detail in order to learn more on time based forecasting Methods
Good luck
LIC HOUSING FINANCE (AB=CD)LIC HOUSING FINANCE (AB=CD) PATTERN, IF LIC COMES AROUND 435 YOU CAN MAKE IT LONG FOR 607 AS PER MY PRE PREDICITION.
THANKS
LICHSGFIN @471 is good for targets 480/490There is inverted flag and pole pattern in LICHSGFin which is currently trading at 471. Open interest buildup in the stock is showing accumulation pattern and it is looking good for targets 480/490 shortly.
buy lichsgfinit has formed bullish shark harmonic pattern. it may retrace till 0.38-0.50% of point CD. view negated below 452
LICHSGFIN inverted H&S target 575 and 790Weekly chart has formed inverted H&S pattern with volume activity for the period.
Go long above 490 WCB for Short term target 575 and long term target 790 ++ .
LIC HOUSING FINBuy near 460-470
sl-371
Target 760++
investment view- level mentioned on chart
this is not buy sell recommendation only for study purpose
LIC Housing FinanceLIC Housing Fin
Recently Crossed Corona Top
Came to retest it at 460 levels
Can go long with SL at 375 WCB
Target: 588 and 800++
LICHSGFIN -ACCUMULATE (this is the old chart)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.
LIC HOUSING FINANCE: CUP & HANDLEThis 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
LIC Housing FinanceStrong & 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.
