LICHSGFIN 23-10-2023
LICHSGFIN seems to be forming reversal
1. Weekly Harmonic Pattern PRZ near 488-500 levels
2. Price closed below 20 SMA
3. Price approaching lower band of narrowing Bollinger Bands
4. Major Support now near 415 - 395 zone which can be target for shorts.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. Weekly Harmonic Pattern PRZ near 488-500 levels
2. Price closed below 20 SMA
3. Price approaching lower band of narrowing Bollinger Bands
4. Major Support now near 415 - 395 zone which can be target for shorts.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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