LICHSGFIN trade ideas
LICHSGFIN ShortA decisive break below 418, price might further move down to 415/409
SL : 425
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
Lic Housing FinanceTrend is confirmed with Multiple break out with rsi is between 50 to 60 and horizontal trend line has broken, and 400 to 420 zone acting as the strong support zone
LICHSGN ON 15 MINS CHARTLic housing has broken its major trendline & its sustaining below 200 MA. Talking about bigger trend we can observe the correction that happened after trendline broke had sustained at Fibonacci 61.8% level. Mostly stock that gives reversal from golden zone tends to continue its trend with good volume but in case of LIC HOUSING the volume has been decreasing thus indicating bears in control.
Also if we zoom in, we can look there’s a good chances of stock to test its support for 3rd time making it major support. We also use Fibonacci trend continuation tool & we found out that the major support and trend continuation Fibonacci level 61.8% is exactly at same price. We believe we can see a good downtrend for Tom and day after tomorrow. Trade safe.
LIC Housing Short Opp @435.75There is an opportunity to short LIC Housing for Daily Income trade for about 3.5RR
LichsgfinBuy above 435 with the stop loss of 431. Targets are 439, 443 and 447.
Sell below 429 with the stop loss of 433. Targets are 425, 421 and 417.
LIC Housing Finance LongLIC Housing Finance Long
Creating bottom around 400 (100 Day EMA-398)
Since last 3 weeks stock close above 414 (200 Week EMA)
RSI Breakout
Buy at CMP-427
SL- 413 (on Closing basis)
Target-467, 485 and above
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
LIC Housing Fin.LIC Housing has given sloping wedge breakout. Continues increasing in Delivery volume indicating continuation of bullish movement. Cross over of MACD on daily chart will conform breakout. We can see Target of 490/- in near term.
Buy LICHSFINLong ABOVE 425 target 460 SL 405. Watch daily chart pattern . Support & Resistance level marked for your learning. This is for your educational purpose only.
LIC HOUSING FINANCE "Trend Line Breakout"Buy At Cmp 469
Strict SL - 425 (Day Closing Basis)
Target - 580+++
Lic housing fin daily chartlichoufin daily chart trend line breakdown now at support zone ,if breaks 423 level we can see good fall till 410 and 395.
Stock looks weak below 420NSE:LICHSGFIN
The stock looks weak below 420 might head lower towards 400/380 levels in the coming days.
All ideas shared are for educational purposes.
[LICHSGFIN] Strong probability of Breakout As its BUILDING UP! As per charts. Its creating series of higher highs and ready to break out volume is high but it closed below mentioned line or area of value so once price closes above it had high probability that it will create bull run.
LICHSGFIN taking supportLICHSGFIN is bouncing from support and making good opportunity for long traders.
LIC Housing FinanaceLIC housing finanace has brocken important trendline, MACD is also confirming bearish bias. It may go down further
LIC HOUSING FINANCE |INTRADAY |9/3/21Forming a good head and shoulder pattern, good to short once the support is broken .
