LIC Housing Finance Ltd is one of the largest Housing Finance company in India. The company is engaged in the business of providing loans for purchase, construction, repairs and renovation of houses/flats to individuals, corporate bodies, builders and co-operative housing societies and has its operations within India. They provide loans for homes, construction activities, its corporate housing schemes.Company also provides finance on existing property for business / personal needs and also gives loans to professionals for purchase / construction of Clinics / Nursing Homes / Diagnostic Centers / Office Space and also for purchase of equipment’s.

LIcC Techno funda stock sensex

SHORT TERM PERSPECTIVE OF LIC HOUSING FINANCE LTD:

Company Recommendation SL Target Price Horizon
LICHSGFIN Buy Rs 530 Rs 600/620 2-3 Weeks

(CMP – Rs 557.75)

market view LIC

Intermediate trend is up in LICHSGFIN, from last couple of months stock is trading in a consolidation mode and trying to make a base around 50 EMA. As of now it has given a flag breakout on weekly charts, this seemsa bullish pattern in nature. Hence one can initiate a buy position at current levels with a stop loss of Rs 530(closing basis) for the target of Rs 600-620. Time frame should be 2-3 week.


Disclosure in pursuance of Section 19 of SEBI (RA) Regulation 2014

Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more


For other related information Subscribe our blog http://research.elitewealth.in

or visit us on http://www.elitewealth.in

or Call us on: 011-42445800/9650901058