After a significant price rise, the Evening star candle was spotted with a high volume trade. Keeping the low of the star candle crossover as Entry point, take a short position at point A (564.1), The stoploss is set at point B(587.0), which is the high of the candle. The target is set at point C (541.2).
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Stock Ticker – NSE: LICHSGFIN – LIC Housing Finance Ltd. – FINANCIAL SERVICES
Bearish Trade plan:
Entry Level 564.1 Target 541.2 Stoploss 587.0
Analyst Rating – :4/5
View Posted on 2019-07-08