LICHSGFIN trade ideas
LIC Housing Finance Stock has broken its long term resistance zone of 300 and its broken out of the cloud with bullish long candle. Long till 320, 350, 380. Time frame 2 months
LICHSGFIN - FLAG AND POLE PATTERN - BULLISHThis pattern has a 90% success rate. So dont miss the breakout. Trade when an upside breakout happens. This is a swing and intraday pick.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
LICHSGFIN IS ON A RUN!!!...publishing(P01)
Stoploss : 271.95
Target 1 : 323.10
Scanned stock Date : 28TH SEPTEMBER
BUCKET SCANNER DATE : 6TH OCTOBER
Publishing date 11-10-2020
Buy LIC housing for short termClosed above 200 EMA today
Price near to break out... RSI given break out today.
Channel may be break on tomorrow.
If closing above trendline it may zoom up to 350-380
Volume also indicate the same
LICHSGFIN | Flag breakout and nice consolidation - Can see 7%LICHSGFIN | Flag breakout and nice consolidation - Can see 7%
CMP : 280
SL : 271
Target : 300
Question on LIC Housing- Investment ViewLIC in a strong downtrend.
Currently moving in channel.
BREAK Down may bring weakness.
Trend will change once this moves out of Pitchfork.
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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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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LIC HOUSING TARGET UPDATE 14-9-2020Look fresh near 280-300 for upside 355 / 410 /460.. Refer chart for more details..
NSE:LICHSGFIN Intraday/Short TermAt resistance,Next important resistance at 303
staying above this may become bit bullish.
Support from CMP at 290/282
longthe price was consolidating for some time after the breakout . can try entering after the zone mentioned in the chart is broken but with only a minimal STOP-LOSS
A 3:1 RRR will be fine but scale out whenever opportunity is presented!
