Every stocks hovers between its resistance &
support, in this respect it is important to note were it is closed and what was
its earlier closing.
Also please note that resistance & support is not
like LAKSHMAN REKHA i.e. it can be broken. Normally earlier high is resistance
& low is support.
LICHSGFIN has strong support at 208.00 as stated
earlier too and now will face resistance in the range of 224 to 226, closing
well above 227 will take it in new level of resistance & support.
On 22.03.2013 it closed with a gain of 2.2% at
216.45.
Wish you all a very happy weekend.
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