LIC HOUSING : Bearish

Sock has completed its 5 waves up move & is now correcting for three waves down in ABC format, of which A & B has already been completed & now the wave c is unfolding. The complete corrective pattern is unfolding as a ZIGZAG correction.

Trading strategy :

Sell on cmp or any rise , keeping SL of 440 , look for the downside target of 395/375/350/300