Stock: LIC Housing Finance (LICHSGFIN)
Date of Analysis: 03rd June 2018
Trade Entry : Long Term Investment
Type of Trade: Long term trade
Reason to take or to not to take or keep it under observation:
Analysis based on monthly chart
1. There was lot of selling and bearish sentiment in the month of May 2018.
2. Monthly candle of May 2018 has...
History Shows price has a funny way of respecting channels and trendline . This is a monthly chart of Sensex for newbies each candle represents a month.
I have drawn a Green line from a swing low and have connected to a swing High and named it as "It's"
"It's" was cloned to create "Breaking" and "Bad"
So, It's = Breaking = Bad
Potenially, We are looking at...
A hanging man is a bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally, the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand...