LICHSGFINLIC HOUSING FINANCE LTD Trading at major support and took support from there so stock will move further upside TGT is ATH resistance if breakout that resistance level TGT up to 1X
and this analysis just for educational purpose only
Lic
LIC* lic whel known company
* each cityzen know about company
* now it breakout with solid volume
* no recommendation for buy and sell
* only share my knowledge; no other
for more breakout details on chart
LIC - Price Action Breakdown!Overview & Observation:
1. Fakeout from demand zone (liquidity) after double bottom (W) formation.
2. Breakur & Retest done.
3. Earnings are unstable
Trade Plan:
I want to avoid any position in the stock right now mainly due to 2 major reasons:
1. RRR is not favourable. ( prices are already near the minor reversal level).
2. Price action limited.
3. No proper setup to trade!
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Life Insurance Corporation of IndiaSuper trend line breakout seen on daily chart...
1065 to be closely watched out on CB... as this can again be a B/O Level....
Possible trading levels marked..
Like... Share... Follow...
Uptrend in LIC to continueThis is one of those clear Elliott Wave pattern to bet on.
Recent break of May, 2022 all time high and impulsive continuation of price indicates the presence of wave 3. In my opinion the wave 3 is still in progress. Counting the internals of wave 3 is quite tricky at the moment so avoiding it for now.
How to trade it ?
I'd be waiting for a clear 3 wave pullback (in 4th wave after completion of 3rd wave) with the price retracing to 0.382 Fibonacci level to trade it.
Will update the idea as price develops.
Thanks for reading!
Buy HDFCReason found to buy HDFC. LIC to take a 9.99% stake in HDFC. The acquisition will be completed within 1 year of time. It is a very big and positive news for shareholders. Those who have the stock hold it and those who don't buy it. Really a great news for Banking and Finance industry of India also. The stock will break its previous lifetime high to make a new one in the coming future.
licwooo
stock at best level to add
volume, helping stock move up
market is bullish, so may get stock help
quantity must be maintained and accumulate at dip
no recognition for buy and sell
LIC housing finance trade setup 29th November, 2023We are expecting a quieter move in Lic Housing Finance which is trading at 458. We have shown lic housing at 5 15 75 and 125 minute.
We are expecting that above 460 level closing with with confirmation closing We can see high levels We are expecting to see 465 470 481 491 and 505 plus levels in coming days So one can set stop loss at 448 Level.
disclaimer: these levels are just for informational and educational purpose only, Please do your own research before taking any position.
LICI ALL LEVELSall levels show where it can bounce back from
it is at 50EMA & RSI on 59 showing some strength with rising volume
CNXPSE
After 13 years big breakout possible in PSE SECTOR.
Keep eye on this sector.
4545 major level. if close above this then min. 16% to 35 % upside seen
#cnxpse #bhel #coalindia
NOTE:- ALL VIEWS ARE EDUCATION PURPOSE ONLY. BEFORE TAKEN ANY POSITION PLZ CONSULT YOUR FINANCIAL ADVISOR.
LIC STOCK ANALYSISAs expected in the last post(linked), we have seen further weakness in the stock and still, the price structure of the stock does not look promising.
Immediate resistance for the stock: 705-720
Immediate support at 655-650
LIC- why the share price fell so much?As per logic , when a price of an equity fell from listing date means,
either , secondary market players not interested in current pricing.
or the Major stakeholder is making money by off-loading his portion .
here we use our EW to find the bottom . 650 is our 5 th wave ending price .
if it supported here you can see a pickup of this stock from next week.as ABC
LIC STOCK VIEW ANALYSIS LIC SHARE PRICE TARGET India's Largest Insurance Provider
Owned by Govt of India
IPO was subscribed 2.95 times
Listed at Discount on 17 May 2022
Listed in the large-cap category
It is assumed that the poor listing of the stock is because of the adverse market conditions, but charts are telling a different story and also indicate further weakness in the stock.
Since the stock is trading in uncharted territory, we can derive support levels with the help of Fibonacci and harmonic patterns.
Current price action suggests that the weakness can continue further until the next support levels, which we have derived from Fibonacci i.e 723 levels.
So keep an eye on the price action, if you are keen on investing in LICI and look out for positive price action for spotting any bottom formation in the stocks.
Currently picking this falling knife can be disastrous for your portfolio, so sit tight and wait for the right opportunity and the right price for entering the stock.
LICI MAY 17, 2022 / 10:48 PM IST
LIC IPO market debut highlights: Stock ends first trading day at Rs 872/share on BSE, down 8% from issue price
The stock ended the first day of trading at Rs 872.70, down Rs 76.30, or 8.04 percent. It has touched an intraday high of Rs 920.00 and an intraday low of Rs 860.10.
BUY LICHSGFINOne can buy Lic housing fin. around the present level with SL around 320 level for a target of 650 in short to medium term, I think the LIC IPO will be the triggered point and i expect a sharp upmove in this script. Risk Reward ratio seems very good around 1:5
LICHSGFIN Getting Ready for a breakoutThe stock has been consolidating in a small range near the previous resistance area { 381- 384] for the past few trading sessions.
There are chances, that the stock is probably getting ready for a breakout.
A break above 384 levels can take stock to 390- 400 levels in the coming sessions.
Type of trade : swing
Trade at your own risk
#LICHSGFIN #MULTIBAGGER #BREAKOUT #NIFTY #BANKNIFTY #SENSEX #LIC#LICHSGFIN #LIC #INDIA
LIC Housing Finance Ltd.
CMP: 298.05
Target: 334 / 362 / 422
SL: 268
R-0056 Stock Option Buy LICHSGFIN JUL CE 270.00 @13-13.55 SLShort Term Stock Option Buy LICHSGFIN JUL CE 270.00 @13-13.55 SL
# Above VWAP
#TK cross over
#About to break cloud on the upside
Exepted For Short From LIC Housing Finance Exepted For Short From LIC Housing Finance ....
I Have Keep My Eyes Over It Because I Exepted Downside Move From LIC !
ASX listed ETF 's vs LIC 's (Listed Investmt Co.)- Global Eqs.Very large ASX listed ETF 's versus large LIC 's (Listed Investment Companies) in Global Equities
- ETF (marked with stepped lines): VGS Vanguard MSCI Index International Shares ETF, IOO iShares Global 100 ETF, MGE Magellan Global Trust
- LIC: MFF (MFF Capital Investments Ltd, preciously Magellan Flagship Fund), FGG Future Generation Global Investment, PMC Platinum Capital Ltd, TGG Templeton Global Growth Fund, PIA Pengana International Equities Ltd
ASX Major LIC 's (Listed Investment Companies) PMC TGG MFF PIAASX Major LIC 's (Listed Investment Companies), PMC Platinum Capital Ltd (mkt cap $AUD 450 m), TGG Templeton Global Growth Fund (mkt cap $AUD 250 m), MFF (MFF Capital Investments Ltd, preciously Magellan Flagship Fund, mkt cap $AUD 1,750 m), PIA Pengana International Equities Ltd (mkt cap $AUD 280 m)
LIC $5.80 soonish Rsi & Mfi have agreed to disagree, until they can get along ill be on the sidelines
chart has notes
