Lic Housing Finance looks good so far and maintaining the Bullish Structure on Weekly chart by forming HH HL. On the Daily Chart we can see good stages and transitions into stage-2 from stage-3. Only worried thing is the Anchored Bar that got made as a result of BO failure. So we may see some rejections while moving ahead till the BO area. I would like to execute a 450 CE of Feb 2021 expiry if see some good volume and price moving out from Price Value Area i.e. PVA.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.