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Published on 25/06/2019 9:22:42 AM | Source: Religare Securities Ltd

Buy LIC Housing Finance Ltd For The Target Rs.575 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #LIC Housing Finance Ltd #NBFC #Trading Report #Religare Securities Ltd

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Religare Super Ideas

LIC Housing Finance Limited (LICHSGFIN)

LICHSGFIN has been rebounding for the last eight months, after sharp correction from its record high. It has retraced marginally of late and reached closer to the immediate support zone around 525. The chart pattern combined with positioning of confirmation indicators is adding to the positivity. We advise accumulating within the given range. 

Recommendation

BUY LIC Housing Finance Ltd @ 540-545 Stoploss 530 Target 575 CMP 546.05

 

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