2017 Potential Breakout 2017 Potential Breakout
Trade will be activate only above 800 (Daily Closing)
Sequential targets : 1020 / 1250 / 1350
SL : 680
(Will trail with targets)
LICHSGFIN trade ideas
LIC Monthly Inverse H&S Pattern Breakout LIC Monthly Inverse H&S Pattern Breakout on Charts Possible.... Targets will be 1000 in Next 4 Years
LTP - 392
Targets - 1000+
Timeframe - 4/5 Years
Can be bought for long term Investment.
Happy Investing to my Friends & Followers.
250 % Returns in 5 Years Possible which is much Better then FD Returns of 40 % in 5 Years
LIC Housing FinanceLic housing finance making a rounding bottom patter.
There is a breakout level of 800. Above 800 rounding bottom pattern formation will be completed.
Market Cap: 41144 Cr.
Promoter holding: 45.2%
FII Holding: 22.6%
DII Holding: 22%
2 patterns in one chart - LICHSGFINI can see two patterns in the chart. Price formed cup and handle and before it gave break out, then price has formed an ascending triangle.
723 - 727 is the support zone. Both patterns are bullish.
Buy above 730 with the stop loss of 724 for the targets 735, 741 and 748.
Sell below 718 with the stop loss of 724 for the targets 713, 708 and 701.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Lic TargetsLic first downside breakout and give 14% target♥️ Now again breakout,but this time upside breakout and 5% plus counting 🥰🥰
LIC HOUSING FINANCE SUPERB FUNDAMENTALS PARAGON PATTERNThe stock has been forming a rounding bottom pattern on the daily timeframe and gave a breakout from 572 levels which was the first resistance and now the stock is compelled towards new endeavours of 794 majorly the 1st target after which stock can enter into exhaustion phase or give a breakout , if the stock rebound from 794 it would begin the process for making a handle and further bearish momentum would prevail so it would be apt to sell it in that scenario and wait for formation of handle
however in the other case the stock can break 794 and reach 1376 in no time
the stock has absolute amazzzzzing fundamentals and are quite reliable the management and assiduous and determined also the sales and FII holdings have growing like never before in recent years
Lic Housing (Weekly)Date 11.06.2024
Time frame : Weekly
Trading around important resistance of 684 with strong real estate cycle going in the country, once it breaks resistance level 1st target could be 161%
Regards,
Ankur
LIC Hosuing Fin testing weak resistance LICHSGFIN ready to break many time tested resistance which make it more prone for BO(breakout).
And sister stocks(by Jesse Livermore, stocks from same sector) : HUDCO n PNB Housing already gave good moves. And right now sister stocks are moving together: railway stocks, defense, infra.
-Clearly Green Vol > Red Vol
-Good Shakeout: when major ema undercut and rally (MAU&R) here 50 ema.
-Signal Candle: when stock move significantly with great vol, signifies buyers are in action
LICHSGFINLic housing finance wedge pattern.BUY when upside resistance break.sell when downside suppobreak.
Short Term Trading Opportunity in LIC Housing for 10 % UpsideHi,
NSE:LICHSGFIN has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
LICHSGFIN Long SetupLICHSGFIN Can go long at 666 with stop loss of 620 for the target of 712 & 758 & 804
7 year ATH price Breakout Buy on Weekly / or Daily retest I.e on 506 on close with the SL tight of 437 close below. & if if you Enter in it, then keep your Quantity 1/3th of your total position sizing in the Stock..
LICHSGFIN NEAR TO BREAKOUT#LICHSGFIN price is been consolidating and volume building up near all time high.
good breakout is expected , enter after breakout
#LICHSGFIN - above 665NSE:LICHSGFIN
Closing above 665 can expect up move, its a supply zone.
620-630 is demand zone.
UPMOVE IN LIC HOUSING FINANCELIC HOUSING FINANCE is highly bullish in larger timeframe, and is continuously making higher highs. So, there is a chance it can retest it's ATH and can give a successful breakout. Targets are calculated according to simple price-action theory. Please follow risk management in condition like this where market is overbought. This stock can give a potential return of almost of 18% if it retests it's ATH. 2/3 quantity should be booked at first target and the rest should be trailed for bigger targets.
lichsgfin stock : lichsgfin
trade : long (cash segment)
buy @ 660 above
sl @ 647
target 1 @ 765
target 2 @ 800
note :
this information is for education only
LIC Housing Finance: A Bullish Outlook with Elliott Wave and StrLIC Housing Finance: A Bullish Outlook with Elliott Wave and Strong Fundamentals
Investment Thesis
LIC Housing Finance (LICHSGFIN) presents a compelling investment opportunity based on both technical and fundamental analysis.
Technical Analysis: Riding the Elliott Wave
Employing the Elliott Wave theory, LICHSGFIN appears to be in a strong uptrend. Currently, the stock is likely in wave 5-(iii) of a larger wave 5 on the weekly timeframe. This suggests potential for significant price appreciation in the near term.
Target Zones: Based on the Elliott Wave structure, analysts project near-term targets of ₹1140-₹1178.
Stop-Loss Level: A crucial invalidation point sits at ₹546. If the stock price falls below this level, it would suggest a potential trend reversal, and exiting positions might be prudent.
Fundamental Strength: Solid Financials
LIC Housing Finance boasts a robust financial standing.
Profit Growth: The company has witnessed a significant increase in profits, jumping from ₹589 crore in December 2022 to ₹1,473 crore in December 2023.
Financial Health: LICHSGFIN possesses a healthy balance sheet with total assets of ₹281,937 crore. Additionally, the company maintains a respectable Return on Equity (ROE) of 11%.
Shareholding Structure: Promoter holding remains constant at 45.24%, indicating long-term commitment from the parent company, LIC. Furthermore, healthy institutional participation is evident with FII and DII holding 21.91% and 21.76% respectively.
Conclusion
Considering both the technical analysis through Elliott Wave and the company's strong fundamentals, LIC Housing Finance appears to be an attractive investment opportunity for traders with a medium to long-term horizon. However, it's crucial to adhere to strict risk management practices and exit positions if the stock price falls below the invalidation level of ₹546.
Disclaimer: This report is for informational purposes only and should not be considered financial advice. It's recommended to conduct your own research before making any investment decisions.
LIChsgfinance showing reversal signsHousing finance sector is looking very positive considering the tapering effects of recession and inflation data.
PNBHsg finance has already skyrocketed post breakout.
Lichsg finance is a good fundamental stock which is looking a good positional trade. This idea is not a recommendation and is shared only for educational purposes.
You can also study stocks like aptus hsg finance, ibull hsg finance, HUDCO which are showing similar trend.
LIC Housing Finance - Downward plan?It seems LIC Housing Finance will make a downward direction plan after the steady uptrend. As per the 15 Mins TF chart, it is making ABC structure after the trendline break. Also, there is a distribution zone / Supply Zone from where the price is falling. RSI is slipping downwards too.
To confirm a downtrend, 630 needs to be broken with good red candle. If 625 (Gann Number) breaks, then more possibility / opportunity for downside. Probable C placements are as shown in the chart. Let's see how it goes. Good exercise to study ABC Elliott Wave Structure model in a practical manner.
LICHSGFIN Breakout | SWING TRADELichousingfinance Triangle Breakout
Breakout above 660.
Best for Swing Trade.
Note - Only for education purpose
Buy above 650Follow the process not money
The trend is The Best friend
Plan your trade and trade your plan
LIC HOUSING AND FINNANCEA good chart structure forming base at bottom
Once Lower high was broken but after that saw again 2-3 lower high
A good volume reversal candle seen on downtrend
Expected to break the trendline and reversal in the chart may get triggered
This chart is only for educational purpose. Do your own study before taking any trades
