this_is_shoaib

LICHSGFIN possible reversal

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NSE:LICHSGFIN   LIC HOUSING FINAN
Hello traders, deepakntr achieved its target when gave a breakout of the H&S pattern in a single day.

Next stock I am focused on is lichsgfin, it has seen a good correction in the past weeks and have retraced back to the golden ration or zone.
On weekly timeframe it took support on 61.8% fib and bounced back
Above the flip level
Bounced back from demand zone
RSI is above 45
MACD above signal line

Buy above 370
Targets mentioned in the chart above

Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.

Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
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