LICHSGFIN is also in a down trend. Stock in February series, it has closed at 194.70. as we have mentioned, after so much of down fall in stock & in NIFTY as well, we might have a bounce, a dead cat bounce, but as per the technical indication, there is no buying signal on charts. So we will be keeping our bias negative as of now. Even this stock is indicating further down side
movement. One can go short in this stock for the targets of 188 & 180 with utmost caution & Stop Loss of 201. Please refer the chart below for better understanding.
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