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TradingSutra

LIC HOUSING : Bearish

Short
LIC HOUSING FINAN (NSE:LICHSGFIN)  
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NSE:LICHSGFIN   LIC HOUSING FINAN
Trend Analysis Wave Analysis lichousing lichousingfinance Technical Analysis stockmarketanalysis stockmarkets
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trendanalysis waveanalysis lichousing lichousingfinance technicalanalysis stockmarketanalysis stockmarkets
Sock has completed its 5 waves up move & is now correcting for three waves down in ABC format, of which A & B has already been completed & now the wave c is unfolding. The complete corrective pattern is unfolding as a ZIGZAG correction.

Trading strategy :

Sell on cmp or any rise , keeping SL of 440 , look for the downside target of 395/375/350/300
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
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