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NeeteshJain

LIC - Dipping Down (High Reward Setup)

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LIC HOUSING FINANCE LTD. (BSE:LICHSGFIN)  
NeeteshJain Atualizado   
BSE:LICHSGFIN   LIC HOUSING FINANCE LTD.
lic Wedge Triangle
15
4
lic wedgepattern triangle
It is been observed on the Hourly chart that the price action is trending down in a downward wedge or triangle formation, taking support and resistance at the marked trend lines. Now, it has touched the higher trend line or resistance and now it shall retrace and further go down to the support trend line.

Target: 670

Stoploss: 692

RR: 1:3
Trade ativo
Trade ativo
Trade fechado: objetivo atingido:
Target reached successfully. Regards

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