LIC HOUSING FINANCE LTD
做多
已更新

Swing Opportunity in Lic Housing Finance Ltd

Go Long above 414 for Targets of 431.8, and 449.6 with SL 396.2

Reasons to go Long :

1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.

2. A bullish candlestick pattern ( Bullish Harami ) marked with the orange color is formed around 0.618 Fibonacci level.

3. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.

4. Also there is a strong support zone (marked with purple color), from which the stock is taking support and moving up.

5. The stock may go up to the trendline where it may face resistance thereby filling the gap.
交易开始
Entry triggered on 1 Nov 2021
交易结束:到达目标
Target 1 achieved on 8 Nov 2021

免责声明