LICHSGFIN trade ideas
LICHSGFIN LIC HOUSING FIN VIEW FOR INTRADAYLIC HOUSING FIN VIEW FOR INTRADAY
ASCENDING TRAINGLE PATTERN
VIEW
BUY @433
TGT-439, SL-430
SELL @426.5
TGT-419, SL-429
LICHSGFIN | Simple Price Action Trendline Break 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy Above =395.10 or CMP
--Target = 486.70 | 573.10
--Stop-loss = 331.20
--Lot Size = 2000
--R:R = 2.79
--Expected Profit = 3,56,000₹ per lot (45 % )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline & resistance Broken at the same time
2) volume is good as of now
3) Retracement could happen
4) Target is totally based on the resistance zone
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Breakout opportunity in LICHSGFINif t picks up from the support level then go for swing opportunity with the target 465 or if it breaks the resistance zone then there is a breakout opportunity. *only for educational purpose
LICHSGFIN Gann Octave AnalysisLICHSGFIN | LIC Housing Finance | GANN Octave Analysis
CMP 442 (near Natural Square Number 441)
Breaking out trend line with strong momentum and volume
Breaking out channel held since March 2020
Trade Level: 474 (Gann Square of 9), also a 50% retracement level from all time high
Supports: 393 / 313 / 259
Resistances: 553 / 663 / 687
Unfinished Flag In Daily ChartUnfinished Flag In Daily Chart
Breaking above 443 might give another 50 points to 500 should be sideways for 2-3 days.
Entry above 444
SL 395
Lets see if this pans out
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to 447.10 till expiry
Take care & safe trading...!!!
Follow for more such ideas
Disclaimer :
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
buy Lichsgfinbuy Lichsgfin at 350-60
SL 335-30
Target 400
* buy Lichsgfin JAN 400CE - 7.5-8
SL 4
Target 20
LICHSGFIN - Above 390 will add 100 points !!Price took support from 380 levels from 2015 as shown in the picture and in the 2020 crisis it went past the support and almost reached 180 levels.
Now price reached the same strong support level 380 which will act as strong resistance. If price breaks this resistance and sustains above then 480 - 500 will be the target.
Wait for the kill and execute it !!!
If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button,
Your Support is very much 🙏 appreciated!
LICHSGFIN: MORE PAIN INCOMING?Some observations. Pl refer chart.
1. Stock has retraced 61.8% of fall from 486 levels.
2. RSI is showing Bearish Divergence
3. Neckline is retested.
LICHSGFIN at key 380 SR zoneLIC Housing Finance (LICHSGFIN) is at key 380 support/resistance zone on the weekly chart. Break above this should be bullish for the stock in the near term.
Buy around 360Stock is bouncing from the demand zone and I believe it will hold again and the stock breaks the recent high.
