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IIMA_Brat
Apr 18, 2022 9:21 AM

LICHSGFIN.. Waiting for upmove! Long

LIC HOUSING FINANNSE

Description

Funda Trigger: LIC IPO is around the corner.

Technical: Falling wedge pattern, high chance of upside breakout. In the daily time frame, it is showing breakout & re-test.

Note: This is a swing trade (time frame of 2-4 months). Trade as per your personal risk appetite.
Also, I have made the position. Hence, views are biased/skin-in-the-game.
Comments
IIMA_Brat
One more thing in Technicals:

Volume was dried up in the consolidation phase, but now the new volume is emerging at lower levels. All the best
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