LICHSGFIN - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.7

Here’s a detailed technical analysis of LIC Housing Finance Ltd. (LICHSGFIN)

📊 Trend Overview

Current Trend: 🔼 Trending Upward with mild caution

Price is trading above both the 50-DMA (₹577) and 200-DMA (₹591), indicating a bullish structure.

The 52-week index at 53.2% shows the stock is mid-range, recovering from its low of ₹484.

RSI at 65.5 suggests strong momentum, approaching overbought territory.

MACD at -0.72 is slightly negative, hinting at a possible pause or divergence.

📈 Moving Averages

50-DMA: ₹577 — Short-term support.

200-DMA: ₹591 — Long-term support.

Price Action: Current price of ₹593 is just above both DMAs, reinforcing bullish sentiment but with limited upside confirmation.

📉 Momentum Indicators

RSI (14-day): 65.5 — Bullish zone, nearing overbought.

MACD: -0.72 — Bearish crossover, momentum softening.

Volume: 47.6 lakh vs 1-week avg of 20.4 lakh — Strong volume surge, indicating institutional interest.

📊 Bollinger Bands

Price likely near upper band — signals strength but also potential for short-term cooling.

No squeeze pattern detected, but volatility expansion favors continuation if MACD turns positive.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 577 50-DMA, short-term support

Support 2 560 Previous swing low

Resistance 1 610 Minor resistance zone

Resistance 2 645–690 Trendline and 52-week high zone

🎯 Entry & Exit Zones

Optimal Entry: ₹577–₹585 — On pullback near 50-DMA.

Exit Zone: ₹610–₹645 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Mixed — RSI bullish, MACD slightly bearish.

Breakout Potential: Moderate — Watch for MACD crossover and volume confirmation above ₹610.

Bias: Cautiously bullish — Trend intact, but momentum needs confirmation.

🧭 Summary

LICHSGFIN is currently trending upward, supported by price action above key moving averages and strong volume. However, MACD divergence and RSI nearing overbought suggest short-term caution. Traders may consider entering near ₹577–₹585 and targeting ₹610–₹645 for exits. A breakout above ₹610 with MACD confirmation could signal further upside.

Would you like a comparison with other housing finance stocks or alerts for MACD reversal?

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