LICHSGFIN trade ideas
Lic housing finance Lic housing finance inverted head and shoulder breakout. *For educational purpose*
LIC HSN FIN trading setup inverted head shoulder breakout,
target lvl was given,
follow your technical
LICHSGFIN Inverse Head & Shoulder Pattern on Weekly ChartLICHSGFIN Inverse Head & Shoulder Pattern on Weekly Chart with Big Breakout candle & Huge Volume
LIC Housing Finance Breakout1) LIC Housing Finance Breakingout after a 9 month consolidation
2) Next Target 570
3) All Housing finance stocks PNBHousing, IndiaBulls Housing on a roll
4) Today's volumes highest since November 2020
5) RSI, MACD indicating very strong momentum and ADX indicating very strong trend
LIC Housing Finance: Inverted H&SAll levels are mentioned on the chart.
DISC: For educational purposes only.
SHORT TERM PREDICTON FOR LICHSGFIN AS PER CHART LONG ITWEELY CHART HAVE CUP AND HANDLE AND HEAD AND SHOULDER , SHORT TERM TARGET IS 570
LONG TERM TARGET IS 722
Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) is one of the largest Housing Finance Companies in India with a key objective of providing long term finance to individuals for the purchase or construction of house/flat for residential purposes in India. LICHFL also provides finance on existing property for business/ personal needs and also gives loans to professionals for purchase/construction of Clinics/Nursing Homes/ Diagnostic Centers/ Office Space and also for purchase of equipment. The Company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purpose and to be sold by them
Possible Target LIC HOUSING FINNext possible target for NSE:LICHSGFIN
Trading is simple, don't make it too complicated.
Resistance crossed with good volume.
Multi Year breakout-4.5% UP-LICHSGFIN!!Since the last week I have posted this, It has moved 15% Up. (from 31st May only)
Hope some of you're enjoying this! :)
Performance of the suggested stocks -
- SPANDANA >> 14% Up
- LICHSGFIN >> 4.5% Up
- NIACL >> 3.5% Up
- Quickheal >> 3% Up
- TATA Consumer >> 1.3% Up
- Spencer >> 0.5% Up
- La Opala >> -0.3% Down
- DCB Bank >> -0.7% Down
- Titan >> -0.7% Down
All these performance in a weak market, that's just the power of buying undervalued stocks & waiting patiently ~ Like a true value investor! :)
P.S. - Invested In all (I suggest only the stocks, in which I too put my money ~ Skin in the game is must!) :D
Happy Investing! :)
LIC HOUSING FINANCE TARGET ACHIEVEDSuggested a long trade on LIC HOUSING FINANCE JUNE 1 with entry point 480 and our first target being 517.
ACHIEVED OUR FIRST TARGET TODAY (JUNE 4) IN JUST 3 DAYS...!!!
TARGET 1 DONE IN JUST 3 DAYS!!!
9.8% RETURN IN JUST 3 DAYS!!!!!!!!!!
TARGET 2 IS ON!!!
You can book some profit here and wait for TARGET 2 and if you do not want to take risk, you may book full profits
TRAIL STOP LOSS (CLOSING BASIS)
FOLLOW FOR MORE REGULAR UPDATES!!
LIC HOUSING
-Stock break Head and Shoulders Pattern
-Next level to watch 568/612/673 levels
-Support is near 421 level on chart
LIC Housing Finance LICHSGFIN Looks giving a weekly break out after long time
Buy CMP 480
Target : 580 , 600 ++
SL : Closing basis 390
Swing long TradeScript is in uptrend in 1Hr time frame and formed 1Hr demand zone which is marked on the chart.
Entry, SL and Target marked on the chart.
Position size should be calculated according to risk appetite .
LICHSGFIN LICHSGFIN (Weekly):- CMP 480 LOOKS GOOD FOR UPSIDE :)
1) Multiyear Breakout :)
2) Volume Dry
Investment Pick - Trend Reversal On ChartsLIC Housing Fi is involved in the business activities of Activities of specialized institutions granting credit for house purchases that also take deposits.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock).
The Company is Fundamentally very sound with a very healthy Balance Sheet. An annual revenue growth of 13% is good, Pre-tax margin of 17% is great, ROE of 13% is good.
Keep Accumulating for Targets as suggested on charts with a time frame of atleast 2 Years.
Feel free to share your feedback and queries. Do visit my profile for previous posts and follow me for upcoming ones.
LICHSGFIN #StockMarket #StockToWatchLICHSGFIN ...
Bullish H&S ...
Recent Vol>> Makes it more bullish Entry...
LIC HOUSING FINANCEClear head and shoulder generating in weekly chart of LIC HOUSING FINANCE.
Long target is 780++
My analysis is only for educational purposes, fill free to give your review on my analysis
