Lichousing finance, breakout? or a correction?This script looksinteresting at this point of time.
a lot ofthings can take place at these levels.
LICHSGFIN trade ideas
[Intraday] Weekend lvl 10 LICHSGFINHas been rising the past 6=10 days, with the a green candle which never broke the previous day's low. Formed the a red candle as of latest which also broke previous day's low
Short if it breaks the low of the previous day with a stop loss at the previous day's high. Update TSL to cost, if you want to be extremely conservative
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
PDL - 527.75
SL - 516.65
[Intraday] Weekend lvl 9 LICHas been rising the past 9 days, with the a green candle which never broke the previous day's low. Formed a red candle as of latest
Short if it breaks the low of the previous day with a stop loss at the previous day's high. Update TSL to cost, if you want to be extremely conservative
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
PDL - 515.5
SL - 525
Value of buying as Trend-line act as Support Refer chart ,
If want to buy than wait for price near trend-line support zone
LICHOUSINGFINANCE SHORTSUPPLY ZONES, KEY FIB. RETRACEMENT LEVEL &
PAST HISTORY SHOWS REVERSAL
Enjoyable risk to reward ratio
levels mentioned in the chart
LICHSGFIN (LIC Housing Finance Limited) BUY ABOVE 478LICHSGFIN (LIC Housing Finance Limited) BUY ABOVE 478
LIC Housing finance verge of breakdown..LIC HOUSING FINANCE SYMMETRICAL
TRIANGLE BREAKDOWN POSSIBILITY
Conditional sell only below 440
target 427,410
sl 456
LIC HOUSING FINANCE SYMMETRICAL TRIANGLE BREAKDOWN POSSIBILITY LIC HOUSING FINANCE SYMMETRICAL
TRIANGLE BREAKDOWN POSSIBILITY
Conditional sell only below 440
target 427,410
sl 455
Future position can be taken accordingly.....safe bet is to go for LIC 440 PE at 6-7 target 12,17 sl 3
Sell On Rise This one i am looking to sell on reversal near the forecast area , and Looking to book near down ward forecast target , i will be rolling over as time factor may play little more as month
Candlestick Patterns Strategy for INTRA-DAY trading.Step #1 How to Identify the ORB Nr4
The ORB pattern is defined as a trade taken at a fixed value of the opening range.
The Opening range Breakout trade is more effective if taken after an inside day that has its daily range smaller than
the previous 3 days, which is where the Nr4 stands for. You have three candles followed by another candle with a
daily range narrower than the previous three days.
Step #2: Identify the best candlestick patterns and mark the high and the low of the 4th candle
When you search for the ORB Nr4 candlestick chart pattern keep in mind two things:
The Daily range of the 4th candle needs to be narrow and smaller than the previous 3 candles.
The 4th candle price range also needs to be inside the candle number 3.
Step #3: Switch to intraday TF and Buy if we break the high, Sell if we break the low of the Nr4 candle.
Step #4: Place SL below NR4 day low, Take profit using a trailing SL or 1:1
LICHSG may visit previous lowsSell LIC Housing Finance at 454 Stoploss closing above 474 Target 423 400
