Technical view by Nooresh

LIC Housing – Getting into new highs. Good bet for Medium Term



After a good move on HDFC limited ( good move from 740 to 880 )  we expect this could be another good bet for medium term.


Many bottoms made at 240-245 and tops at 280-285. This gives us a long term breakout above 290 levels.


Investors can accumulate the stock at current levels with a target of 350 and much higher in long term.




Recommended the stock at 245 and adding more as a fresh trade at 280


TECHNICAL ANALYSIS TRAINING BANGLORE – 1st week of January tentatively. For confirmations mail to

Article by Nooresh Merani

Nooresh has written 2532 articles.

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