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Lic housing

                             Double Top 




How To Trade ??

1. Wait for pull back zone near 444-441 
2. Sell with the stoploss of 465 on closing basis
3. Minimum Target is 410-400-397


Alternate method

1. Buy put of 410 or 420 strike price according to risk appetite 

3 Responses so far.

  1. Unknown says:

    Very good Observation, Thanks for Sharing your views.

  2. Unknown says:

    Sir, Today's Low is 415 your target is done Nearly.
    Sir one more thing can we short if it goes @ 440 Levels

  3. Unknown says:

    @ vishnu , till it makes lower low , one can sell on rise . And about target it can test lower levels if we witness same on weekly time frame . As of now 465 -- 429--400 is range, with downward bias . I trust i have cleared your doubts or query .

    Happy trading

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