LIC Technical Analysis for Tomorrow LIC Technical Analysis for Intraday
Sell at :- 399
Target :- 395 , 391
Stop loss :- 402
LICHSGFIN trade ideas
LIC Housing Finance - ShortStock is at 20 0EMA on weekly time frame. Less chances it will breakout. SL is very small. Hence favorable RR
Lic hosinga fin looking good for longLIC HOUSING FIN is at a 11 months resistance all levels are give in charts
My view on LichsgfinLichsgfin giving breakout of daily time frame above 408.Looking target 415-420-440++ in very short term.We are keeping on radar Lichsgfin 420 CE for 1 week.
Watchout for Resistance breakoutThe stock looks good above 408 level for both intraday and swing. Intraday target 0.7-1%. Positional targets 419 and 440.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
LICHSGFNNSE:LICHSGFIN
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
lic housing finance shorting opportunityshorting opportunity in LIC Housing finance...facing resistance at channel.... CMP--368 T1 350 T2 326 T3--300 SL 380
LICHSGFIN looks buy LICHSGFIN looks good buy as it has support at downward sloping parallel channel and has given breakout of inside candle pattern. Buying around 300-307 with SL 290 for target 324,339
LIC HOUSING : Bullish Flag BreakoutLICHOUSING stock has given a breakout of the Bullish FLAG on the lower time frame . One should go long with SL of 320 & look for the target of 355/360
LIC HOUSING FINANCE Hey everyone this is the chart of Lic housing finance on a weekly TF. As you can see price has been consolidating a tight range within A falling channel as soon as it breaks the channel targets and stoploss has been mentioned.
Thanks and happy Investing 😀
A huge wedge pattern with long consolidation in betweenThis pattern has 250++ bars or 1 year+ data.
it is sustaining above fib level 0.5 or 360-365.
There is a supply-demand conversion zone( golden) where it may face resistance.
Entry should be after a bullish candle at the golden zone or above 400(round level).
Next, there is hidden trendline (dashed) , which will act as a resistance.
How to trade?
initiate trade with a less quantity(60%) at the round level & when it touches the hidden trendline, retrace back to the 0.5 level from the previous swing
, and add more.
medium-term targets- 460, 520
SL-just below fib 0.5 level.
Happy Swing trading
LICHSGFIN LIC HousingLICHSGFIN LIC Housing ..........................................................................................
Short LichsgfinStock Name: #LICHSGFIN
Action: Sell
Entry: 350.20
SL: 361.80
Target: 311.50
NSE:LICHSGFIN
LIC Housing Finance Buy SignalThis stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
Breaking Supports Lic Housing Finance Setup Looking Weak Breaking supports on all time frame charts but i am sharing only daily chart looking weak on charts
LICHSGFINThis stock has aligned all sentiments in multiple time frames which are good enough to forecast next moves, and it indicates bearishness ahead.
Price trading below support line and also below major EMAs like 200ema, 100ema, and 50ema on Daily time frame.
Wave structure is also suggesting more correction ahead, after good up rally and high of june 2021, it started correction, which had formed Leading diagonal structure in wave A as a correction in month of April 2022, and after that wave B completed, Now possibly wave C is unfolding, Also this stock has seen a sharp correction without any major pullback, so in near term some pullbacks are also due which cannot be ruled out. 367 and 397 are major resistance on the way up to watchout, and in the short to medium term, the stock can possibly head south towards price levels of 235.
One can go short at these levels or on Rise of price (if any).
Overall wave structure is looking like this
Price trading below support line and also below major EMAs like 200ema, 100ema, and 50ema on Daily time frame.
RK's indicator confirms at big levels Monthly and weekly charts
RK's indicator confirms at big levels Daily and Hourly charts
Price trading below 20SMA (Mid. bollinger) on monthly chart.
Price closed below Lower bollinger on weekly chart, it indicates good strenght of bear power.
Price also closed below Lower bollinger on daily chart, it indicates good strenght of bear power.
macd in weekly bearish
macd in daily bearish
rsi in weekly down tick and now below 40.
rsi in daily negative
dmi adx is also negative
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
LIC housing finance - Breakout done, Confirmation awaited.Breakout of falling wedge pattern. Good Reversal pattern
Volume on breakout.
Retest complete.
Safe entry level 397+
This will confirms first higher low after breakout
SL 357
LICHSGFINWith Mega LIC IPO around the corner, We can see some action this script of LIC as well if it breakout with huge volume only.
Trade cautiously and keep your position size in check because of huge volatility.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Short Sell opportunity in LIC Housing FinanceThere will be the short opportunity if the price break the low and trade below the line
BUY LIC HOUSING FINANCE ABOVE 406LIC Housing Finance looks good to buy if sustain above 406 for the upper marked targets on the chart.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
