Lic housing waiting to breakout Lic housing finance forming a triangle pattern. Wait to break the support or resistance. If support breaks go for buy and if resistance break go for sell. Wait for the confirmation candle.
LICHSGFIN trade ideas
$NSE:LICHSGFIN Will LIC Housing go up in next trading session ?NSE:LICHSGFIN Will LIC Housing go up in next trading session. Update your thoughts in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Long LIC HSG FIN - Target 460LIC housing finance have made Inverted head and shoulder pattern on weekly charts.
On volume breakout the stock can reach a target of 460 on weekly basis.
Short term view 3-4 weeks.
lic buybuy around 429
easy tg 436
tg2 - 440
tg3 - 444
sl close below 425
Disclaimer : This is my personal analysis for study purpose not intended for trading.
LIC Housing FinanceI think that the LIC Housing Finance right now in overbought zone and must correct to near at least minimum near 430/-. LIC Housing Finance rising for near consecutive 7 weeks in green and also 7 months in green, MACD AND RSI is weak in hourly charts. stock price is rising but indicators not. So, I think there is possibility that this stock is ready for correction in near future.
LICHSGFIN, 1D formed Shootng StarNSE:LICHSGFIN formed Shooting Star and gave closing below it.
Entry : 458.35
Target : 440
SL : 475
RR : 1.1
LICHSGFIN 23-10-2023LICHSGFIN seems to be forming reversal
1. Weekly Harmonic Pattern PRZ near 488-500 levels
2. Price closed below 20 SMA
3. Price approaching lower band of narrowing Bollinger Bands
4. Major Support now near 415 - 395 zone which can be target for shorts.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
LICHFSGFIN INV H&S BREAKOUTLichfs Made Bullish Engulfing Candle on Daily TF with Volumes
Closed Above the Resistance Zone and Activating the Inv H& S pattern
Long Term Target is Huge
LICHSGFINLICHSGFIN:- It is going to give breakout after 1.5 years, plan something only after breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
LICHSGFINPrice is consolidating and facing trendline resistance now.
Pattern : Support.
Range : Medium
Trend strength : Normal
Buy Above : 452.(In case if the price is taking support).
Stop Loss : 448.
Targets : 456, 460 and 464.
Sell below : 444.
Stop Loss : 448.
Targets : 440, 436 and 432.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
LIC HOUSING FIN looks bullish, Triangle BreakoutFundamentals : Decent. Growing Sales, Profits, EPS. Strong Last Quarter, Little high on Debt !
Technicals : Triangle breakout, trend reversal likely. Well placed MAs
R 1: 480
R 2: 540
R 3: 590+
SL : 360
LICHSGFIN -long price liekly to breakout of symmetrical triangle
could reach 500 levels in 6 to 8 months
Lic housing finance Lic housing finance is in a trend reversal to break out in daily chart any move above 460 with volumes will be a good entry for the levels of 540
LIC Housing inching towards 470 target as per DAY CHARTLIC HOUSING Inching towards 470 target as per Day chart with better volume.
Option trader can have better risk reward with 460 CE for AUG month expiry with strict stop loss as per their Risk Management
LIC Housing Finance Analysis Stock is near to break six years trendline, volume build up seen, BO with volume on daily chart, follow chart for proper entry and exit levels.
LIC Housing Finance : Need to SustainLIC Housing Finance :
Currently at Strong Resistance Zone
Sustainly 435, then 445 is crucial for possible strong upmove
LICHSGFIN --- setup appears interesting for big gainsNSE:LICHSGFIN
The setup appears to be appealing for huge gains
With a breakout at 426 levels this week and now appears to be on an upward journey
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
LICHSGFIN | Breakoutformation of Long Term symmetrical triangle breakout which started from the bottom of 2020 low. All this accompanied with High Volume.
Buy : today close = 426.65
SL , Target drawn on chart.
#OldSchoolTrading
Big Breakout in LICHousing Finanace (LICHSGFIN)-- Buy stockBreakout & Sustain on Weekly Time Frame.
also taking Surpport on 200EMA of Weekly Time Frame..
looks good can give upto50% return in next 1 year
GO Long with LICHSGFIN
target -540 -572- 780 (ATH)
Symmetrical Triangle Pattern BO 📌Big Bullish Engulfing Breakout Candle
#LICHSGFIN
- Symmetrical Triangle Pattern BO
- Supported with High Volume engulfing candle
- Above Key EMAs
- Bullish RSI
LIC big run possible!LIC Housing has been trading in a triangle pattern since June 2017 and has tried to break out of the pattern last week. At current levels of 394 it can be bought in with SL below 330 on weekly closing basis. T1 - 455 - 460 , T2 570 - 580.
