Housing Finance Stocks on Fresh Breakout – Indiabulls Housing , GIC Housing & LIC Housing Finance. Stocks at Breakouts – Hikal, GSFC , KCP


Disclosure - Most of the stocks below are recommended in Technical Traders Club and other services it is safe to assume author has vested interests and a biased view. Please read the disclosure and disclaimer.


LIC Housing Finance

We have looked into this before also when it was at a resistance and then broke out https://www.nooreshtech.co.in/2016/06/stocks-near-resistances-lic-housing-finance-ultratech-titan-power-grid-motherson-sumi-mm-itc-indian-oil-divis-dabur.html

Currently the stock is about to get into fresh all time highs. Can it see a follow up move ?

LIC Blog

GIC Housing Finance

After making a good range breakout above 300 it has consolidated in a range of 290-336 for last few months.

Can we see a confirmation and follow up above 330-340 in coming days ?

GIC Housing Blog

Indiabulls Housing Finance

In a range for the last 1 year and making a big cup and handle/triangle formation. 840-850 a stiff resistance being tested. A good range of almost 300 points in last 1 year. Watchout for the 840-850 breakout.

Indiabulls Housing Blog

On thursday had tweeted a few stocks on breakout. Posting the charts for the same.



GSFC - A strong confirmation of further breakout would be above 82-85 levels.


HIKAL Limited

Stock at all time highs. Also looks interesting fundamentally. Next couple of years can be interesting for this AgroChem / Pharma Stock. A personal favorite so a biased view.

Hikal Blog

KCP Limited

A long cup and handle formation of last 1 year.

105-108 a strong resistance.

KCP blog


Nooresh Merani

Securities covered above:: Indiabulls Housing , GIC Housing & LIC Housing Finance. Hikal, GSFC , KCP

SEBI Registration disclosure – Investment Adviser ( INA000002991)

Financial Interest:

Nooresh Merani and his family/associates/ analysts do have exposure in the securities mentioned in the above report/article.

Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.

Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.

Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.

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1 Comment

  1. patel
    October 14, 2016

    very good sir


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