LIC HOUSING FINANCE share tips - Stock looks good above 348.50.

LIC HOUSING FINANCE

• Stock has formed head and shoulder formation in daily chart, close watch chart indicates once LIC closes and holds above 348.50 then bulls will be favored and further price rise can be seen.
• Stock moving up from 50 DMA this will favor bulls to take stock up.
• Stock also moving up from strong trend line support zone as long as stock trading above trend line bulls will be favored.

KOTAK MAHINDRA BANK share tips, will favor bulls above 1093.50.

KOTAK MAHINDRA BANK

• KOTAK MAHINDRA BANK facing strong trend line resistance around 1093.50, technical chart indicates once closes and holds above 1093.50 then bulls will be favored.
• Stock also moving up from 100 DMA, this will favor bulls. By looking closely at chart no.2, 100 DMA playing and imp. role in this stock, as stock moving up from 100 DMA from last 3 times.
• If stock closes and holds above 1093.50 then will find next strong resistance around 1150. Close Watch.

COAL INDIA trading pick, Stock looking bullish above 366.50.

COAL INDIA

• COAL INDIA moving in a down channel formation, chart indicates as long as trades in between its pattern bears will be favored , but once it come out from its down pattern then sharp up move is expecting.
• Technical chart also indicates that COAL is facing 100 DMA resistance around 366.50, bulls will be favored once it closes and starts trading above.
• Stock also facing golden ratio 61.8% fibonacci retracement resistance around 366.50, further price rise can be seen once stock closes and holds above its golden ratio resistance. Close Watch.