LIC HOUSING FINANCE LTD
Long
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TRADE SETUP_LICHOUSINGFIN

1262
I had posted a daily chart of LIC HSG yesterday showing how it should begin a wave 5 move towards 500 soon. Please refer to that chart to get a better understanding of this one.

This chart only shows the correction of wave i of 5 coming to an end.
A dip below 450 was strongly recovered intraday today.
the reversal price of 444 can be used as SL to make an entry .

CMP - 450
SL 444
Target 480
Note
SL trailed to 453
Note
more upside still pending...454 trailed sl

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