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Umang_Sharma

LICHSGFIN: Analysis

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LIC HOUSING FINAN (NSE:LICHSGFIN)  
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NSE:LICHSGFIN   LIC HOUSING FINAN
Support and Resistance Trend Lines Candlestick Analysis breakout swingtrading
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supportandresistance trendline candlestick breakout swingtrading
LICHSGFIN is continuously facing support and resistance at lower as well as on higher levels. As market sentiment is positive it is if this breaks out it is going to touch a higher high soon. It seems from the chart that it is holding its higher levels as well. Wait for it to break upwards zone and then go for investing in it. Check for volume as well.
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Calculate your RR ratio and then trade.
Komen:
This was unplanned trade. I'll be closing this trade as soon as it shows a negative sign.

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