1. Above all moving averages (20/50/200 EMA).
2. Facing resistance around 392-396 rs zone.
3.All time high is close by, however the buying in the last month happened around 370 rs.
4. Wait and watch stock.
1.Price Action Hero -Tata motors.
2. Respecting multi year resistances and following the horizontal trend lines beautifully.
3. Watch your self how beautifully the price action is respected . Once it broke the 153 hurdle it went all the way and came back to 153 and going to blast the shorters in a session.
4. It is going to face stiff resistance at 200 level and...
1. MULTI YEAR RESISTANCE BREAKOUT ZONE
2. Good volumes appeared in the breakout.
3. Wait for the pull back to happen and enter. 123 -124 levels are good to enter in case there is a profit booking to happen. Delivery percentage is 13 %
4. New 52 week high.
Trade with caution. Only for educational purpose.
Thanks and regards,
1. Beauty of resistances and price action analysis.
2. Once it breaks out 1610 , it can go like rocket and keep a profit of 2% in your swing trade analysis
3. Keep stop loss as 1596 rs and exit if it breaks without any emotions.
1. Today Many channels and analysts called for buying opportunity in LIC housing Finance.
2. Currently in up trend channel.
3. Dont go long . It has formed Higher highs and higher lows formation.
4. Not sebi registered. Trade cautiously.