Published on 7/11/2017 12:39:25 PM | Source: Religare Securities Ltd
Buy LIC Housing Finance Ltd For Target Rs.650.00 - Religare Sec
LIC Housing Finance Limited
LICHSGFIN has witnessed decent correction in last five months and retraced to 590 of late. Considering its chart pattern and strong support zone around 580, we expect marginal consolidation followed by strong rebound. Traders are therefore advise to use this phase to accumulate fresh longs in the given range.
Recommendation
Buy LICHSGFIN Ltd @ 600-605 Stoploss 580 Target 650 CMP 606.65.
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