manavtechresearch

LICHSHGFIN BREAKING OUT OF FALLING WEDGE PATTERN

Long
manavtechresearch Mis à jour   
NSE:LICHSGFIN1!   LIC HOUSING FINANCIAL FUTURES
SUMMARY:-
*stock is breaking out of falling wedge pattern
*also stock is on the verge of breaking its 200-ema
*stock can see massive short-covering above 400

LICHSGFIN CASH
BUY@391-393
STOP@383
TARGET@407-414-421

*if stock breaks back into pattern then pattern has failed
*so risk reward ratio is good
*week chart indicates big moves above 420

NOTE:
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below

Transaction en cours:
STOCK LOOKING GOOD TRADING ABOVE 200-EMA
A WEEKLY CLOSE ABOVE 410 WILL OPEN ABOVE TARGET OF 425-430

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