LICHSFIN ON PRZDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
LICHSGFIN trade ideas
LICHSGFIN BUY ABOVE 458- 460Hi Friends,
As per chart pattern, Buy possible between 458-460 on closing basis (Daily candle) with SL 437 and Target 464, 474, 480
Today, stock closed above rectangle pattern level (450) with good volume suggesting upward movement possible
Posting for Education purpose only
Risky traders can exist if stock trade below 453/450 support level
LIC Housing Finance short positionLIC Housing has started downtrend and we have drawn a resistance line from down trend which acts as moving SL for our position. LIC Housing Open Short around 465 Target 440 SL 473 (should close above).
If your idea matches mine open short, I will keep you posted as price moves.
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