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LIC housing finance has formed Bearish head and sholders pattern

Discussion in 'Chart of the Week' started by chethankrc, Jul 27, 2014.

  1. chethankrc

    chethankrc Active Member

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    Hi All,

    LIC housing finance has formed Bearish head and shoulders pattern and it as broken strong neck level support 300.
    Can be short below 300.
    Target : 280-270.
    Stoploss: above 320.
     

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    Last edited: Jul 27, 2014
    hirenrachh and shabbir like this.
  2. chethankrc

    chethankrc Active Member

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    Hi, Lic housing now trading below 280.Target achived with out hitting stoploss. :)
     
    masihpatel likes this.
  3. shabbir

    shabbir Administrator Staff Member

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    Party time :D