LICHSGFIN trade ideas
LICHSGFIN, breakout from triangleLICHSGFIN has strong breakout from descending triangle pattern. Should be on watchlist for tomorrow.
Resistance level - 429, 435
Sell TCS at cmp till 2100, with stoploss of 2130 and target of 2Sell TCS at cmp till 2100, with stoploss of 2130 and target of 2000
NSE:TCS
LIC Housing FinancePrice had fallen out of rising channel.
Stock price is back in the channel with rising volumes.
For Stop loss of 408 , this stock can be bought for a target price of 460.
The target has upside of 10 % and our stop loss is 2.77% from the current price.
Risk reward for this trade is 1:5
LIC Housing FinanceThe Gap area 440-455 has been capping upsides in the stock since a while, expect it to work for November series as well.
#LICHSGFIN ViewLichsgfin may try to fill the gap in coming sessions, if breaks the resistance & sustains above... if not, downtrend may resume
LICHSGFINPossibility 1 -
Reversal from current market price (cmp),
Possibility 2
Reversal may take place anywhere from cmp to 459
(If the candle closes above 439.05 we can expect it move 450+)
BUY LICHS ABOVE 403-405 TAGET - 435.IF YOU KNOW HOW YOU HEDGE THIS POSITION PLS JOINT OUR TELEGRAM GROUP....
ITS FORM POSITIVE DIVERGENCE AND BREAK LONG TERM RESISTANCE TREND LINE PRICE & RSI. CLOSED ABOVE 50 DMA WITH VOLUME,
LICHSGFIN CASH : IF HOLDS 400-405 LEVEL THEN 440 IN COMING DAYSLICHSGFIN CASH
31 OCT 2019
SUPERB BUY AROUND 400-405 ZONE
FOR 440 LEVELS IN COMING DAYS SL 385
RESISTANCE IN CASH AT 420
CMP 412.40
