LICHSGFIN
Breaking 50 EMA with RSI Divergence & MACD Falling. short at 264.3 with Stop Loss of 271.40 and first Target of 218.8
Breaking 50 EMA with RSI Divergence & MACD Falling. short at 264.3 with Stop Loss of 271.40 and first Target of 218.8
If it breakout, we could see Upside of Rs. 900 and failure to breakout could lead to 10% correction to lower end of channel.
Is at a multi month resistance point. Once the breakout is confirmed, could move up around 20% to the target of Rs. 2700
Trading in a symmetrical triangle with heavy resistance around 20000. Breakout can lead to levels around 23500.
Taking Support at internal trend line, could give an up side move of around 15% with the of target 1600.