LIC Housing Finance on Brekaout?

LICHF looks like on Breakout if it sustains above 565 on daily closing basis.

Post Nov up move, prices consolidated in the range of Gann Nos 518-565 in Dec-Jan. The correction pattern looks like triangular one. Post consolidation/correction price is trying to break resistance of 565. At present it is above 565 on daily close basis. Bollinger Bands(BB) are expanding and price is near upper BB and above/near Gann No 565 that increases chances of Breakout. Target 613(next Gann No of 90 degree move).

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Bank Nifty for Week Starting Jan 16, 2017

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Bank Nifty EOD Update Feb 15

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BanknIfty Update for Jul-15, 2020

Banknifty opened Gap Down and continuously moved down. In the last 2 days, it almost falls more than 1200 points. We are able to capture this move from almost the top of 23000. The daily chart shows Banknifty took support at 30-EMA levels. MACD signal gave a bearish crossover signaling possibility of further fall in the coming days. RSI @ significant levels of 50. Break of 20900 could lead to a sharp fall towards 19700/19500. On the hourly chart, the MACD signal gave bearish crossover yesterday, and we saw a good fall in Banknifty. Gann Box: Weekly Gann Box shows Banknifty exactly changed the trend from the time factor zone. Also, the weekly opening was near the angle and it reversed after hitting angle and gave a good fall. It signaling a bearish trend for the coming weeks. On the daily Gann Box chart, we can see today Banknifty opened near angle, hit angle, and reversed sharply giving good down move. FNO Data: The future OI decreased by 7% signaling short covering with fall. The spot

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