KIND OF SYMMETRICAL TRIANGLE PATTERN MADE ON CHARTSKIND OF SYMMETRICAL TRIANGLE PATTERN MADE ON CHARTS
WITH SUPPORT AT 272 / 270 LEVELS
IF BREAKS THEN 265 / 260 ELSE HEADING FOR 283 / 285 LEVELS ON BOUNCE OF LOWER ASCENDING TRENDLINE
LICHSGFIN trade ideas
Potential Channel Level Action B@270 LEVELSRETURN CHANNEL ACTION,
* B@270 LEVELS FOR SWING (1-2 weeks)
* TARGET @ 290,310, STOPLOSS @ 260
LIC for intradayLIC is again reversing from a strong resistance and prices may go further down. The entry idea, stop loss and everyday intraday trading ideas are given on our tellegraam channnell UG MARKET. Do your own research before taking a trade.
Short LIC Housing Finance Short LIC Housing Finance on basis of
1. Double top with Negative Divergence of RSI
2. Price Respect the Channel!
Stop and Target are mentioned in charts
LIC HOUSING (Daily Chart): NEUTRALLIC Housing is trading in the range and it has maintained a strong resistence levels at 290-295. In last few trading sessions, everytime the stock corrects from those levels. As History repeats, we can short the stock at current levels with a strict stoploss of 300, Target open at lower side.
LICHSGFIN breaking channel structureLICHSGFIN is breaking the channel structure on the hourly chart and going up.
Stochastic RSI is also indicating the strength.
LIC Housing Finance LIC Housing finance is near to its top of the channel and can see reversal. Entering over brought zone
Buy/ Sell levels specified on the chart
Note: Do your own analysis before taking trade
Good time to go Long 50 EMA will act as a resistance for the short term.
Once 20 EMA crosses above 50 EMA will see some good up move.
Good time to hold for Long term.
LICHSGFIN BEARISH ENGULFING PATTERN SL 248 TARGET 238LICHSGFIN BEARISH ENGULFING PATTERN SL 248 TARGET 238
BUY LICHSGFIN- TARGET 270 , 278
- STOPLOSS 242
- TRADING IN A RECTANGLE AND CURRENTLY IN A STRONG SUPPORT LEVEL.
Short Term SellLICHsg looks like its gonna be retesting the lows once again. The whole structure on the left looks corrective upside and now there is a consolidation which on a break out, can go towards the lows. This looks like a good term short sell opportunity. The risk reward is decent too.
** This is not a trade advise**
LICHSGFIN - trading in channelLICHSGFIN is trading with in channel based on daily time frame.
Based on current market trend, incase if breaks channel we can capture possible short oppertunity.
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