LICHSGFIN - CMP 424.45
In Scope Detail
Stock now at support level on trend line
Strong move given and about go out of small range bound
Immediate Stop 386
Trade at your own risk, if you get benefited, pls feed a poor a little.
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#LICHSGFIN ready for a good upside
>> Good Swing setup
>> Good Strength in stock in weak market
Hold patiently
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NSE: LICHSGFIN is closing with a strong bullish consolidation breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed...
Ascending channel continuation expectation in Jindalstel
Above 421 more chances...
Please follow strict risk rewards and stop loss...
Thanks,
V Trade Point
LICHOUSING made CUP n HANDLE pattern on an hourly charts with decent volumes.
Could be bought once it breaks 385 level with mentioned stoploss & targets.
One 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
The 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
