LICI trade ideas
LICI view for ATL need to break for more fallLICI view for today 23rd Feb Thursday
583.15 ALL TIME LOW...
Below 580 sustain then more fall chance in short time frame
If touch 583 then it will be tripple bottom....
Charts for Educational purposes only.
Please do follow strict stop loss and risk reward if you follow my level
Thanks,
V Trade Point
Buy LIC from this level Result fabulous aye hainLIC has posted awesome result,,,and now its trading in lower range,,this has fallen due to ADANI GROUP but this is best time to enter for short term as well as long term,,level i have already put on chart..Trade accordingly but really this is best level, you might won't get these level again.
Please guy's like and follow me for future updates.
Thankyou:))
LICin this chart we see that one zig zag is completed . also one up trend is completed in form of 5 waves.
now this chart is about to complete its correction after that we can see 1 big bullish move . if you want to take position in lic this is the main levels.. your stoploss must be in 586 range. If it retest this range we can see one big rally .. goof for long term .. Invest at our own risk this is not guaranteed chart.. this is as per my technical which i learnt from past years..
lets talk about falling IPO or ico what ever it was HI there TV what every i share is not a finical advice my objective here is to educate you i don't take responsibility for your loss you are a rational adult do your own research before doing anything
so after hanseberge brake down of adani firms and made quite the Accuse we can't ignore them as an investor and traders it our responsibility to be natural as much as we can
that reports might be true might be wrong, but there is sharp move down
the motive of this post is to let you know the key levels and what can happen, first we proceed with bearish case
once lic lost 636 and 588 there is big swing can come here which can drop the prices to 480 that a minimum target
now talk about bullish case it does look like a head and shoulder and to compete this condition lic should respect 649 or 636 once lost it the bearish case would take charge
we will be updating what happen in charts future so support us like share comment
be rational happy trading k910 out
Har har Mahadev
LIC is in a great buy-in zone for mid term or Long term. Warning: Only for risk-taker Investors . The share is at a risky level. However, I am very positive and confident share will not break the support level of 650.
STRATEGY: When share touch 650 and bounce back with a green candle then buy in small lots say 25. When there is again an upward movement in the stock, then again we will add a quantity.
Buying @ CMP 650-655
Target : 670-675
SL - If the Support level breaks 650, then we don't know how much it will go down. So as per your risk percentage say 5% you decided, then calculate the risk and put SL.