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Sunday, 22 March 2015

SCRIP FOR THE WEEK - LICHSGFIN

LICHSGFIN

LICHSGFIN - DAILY CHART
Friends - Bullish Stock for the week starting on 23.05.2015 

 This is a cash chart of LICHSGFIN


 There is outside formation on 12.03.2015 and 16.03.2015. Friday (20.03.2015) this outside day crossed and moved up till 475, and moved down as the market moved down, but see the volume is 392 mostly near to the highest volume of the 3 months.

So monday if this stock crosses above 475 resistance level and moves up u can see 500 within this week, till 457 is not broken on closing basis.

Be carefull in shorting in positition in  this counter till it closes abv 457.

50 ema is at 463.10

For intraday trades  u can take some position above 463.10 also and keep 457 as your stop loss....

Watch this script for educational purpose.
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