LICHSGFIN: Healthy Correction Over, Strong Reversal Ahead. Long

LIC HOUSING FINANNSE

Description

⋅ Aug 16, 2017 6:48 AM

Just Fibonacci.
Correction measurement F = FIB E 2.367 of "DSK"
(in between 2.272 to 2.414)

Indicators & Oscillators Also Support the Move.

LONG: @ LTP (@ 655.20 at 12.17 pm)
(BUY at least 40% Here @ 655 -@ 656 level)
Best Long : @ 651.30 - @ 649.50

Swing levels:
Phase #1: @ 659.5, @ 660.9, @ 663.1 - @ 664.7 (HZ #1), @ 669+

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledge.

Snapshot: LICHSGFIN: Intraday / Swing Levels for Coming two days.

Fibonacci

Comments

hotpot64

⋅ Aug 24, 2017 5:34 AM

Hi
What would be the SL for LIC housing finance ?
I am unable to find in the chart or elsewhere.

Thanks

DSKF16

⋅ Aug 24, 2017 5:38 AM

@hotpot64, Swing trade basis: SL => Below @ 634 (By Closing) / Below @ 628 as trailing SL.

BellMorgan

⋅ Aug 16, 2017 7:39 AM

SBIN SL:276

BellMorgan

⋅ Aug 16, 2017 7:39 AM

U may also try SBIN. BUY above 280.5 with TGT 284.6-288.8-293, SL

DSKF16

⋅ Aug 16, 2017 7:56 AM

@BellMorgan, I tracked SBIN & some of my friend already in position. as i haven't published View by drawing 1 - 2 line & just two word on chart, so i haven't Published.

BellMorgan

⋅ Aug 16, 2017 7:34 AM

please follow strict stop loss @656. (i think its ur buy price?)

DSKF16

⋅ Aug 16, 2017 7:39 AM

@BellMorgan, I Never Given View in Intraday Basis. all Views i Published in SWING Trade. So, Maximum time Where Majority's SL, Below that is my "Best BUY Zone", as i Used to Grab opportunity of reversal.
Like today in LICHSGFIN- your BUY till not activated. But I had activate Buy @ 655- 656 @ Hit TGT #2 @ 660.90 (Profit 4.90 to 5.90 buck)

BellMorgan

⋅ Aug 16, 2017 7:46 AM

@DSKF16, yes, I agree with you. That is why our skill is different to select a stock and its breakout point.

BellMorgan

⋅ Aug 16, 2017 7:17 AM

If u trade for intraday, U have to follow. I told u earlier that my reco is only for intraday.

DSKF16

⋅ Aug 16, 2017 7:23 AM

@BellMorgan, Strategy varies. as i mention Sell on day High is Common. If all follow this concept then there would be no Seller, & Stock jump to Freeze.