Live Markets »News & Advice»Latest Advice»Latest Advice Details
Latest Advice Details
Back

Buy LIC Housing Finance: Anand Rathi

SI Reporter/Mumbai 05 Jul 12 | 06:30 AM

CURRENT TREND : BULLISH

Time Horizon : 0-3 Months

Buy in the Range of Rs 264 - 274

Stop loss Rs 243 (On closing basis)

Traget: Rs 321  
        

LICHOUSING-273: The stock has consolidated for almost 92 weeks after making high of Rs.299 and now stock looks very good to breach all time high and target Rs.321 and above levels very soon. Stock is trading above all major moving averages with 200DMA Rs.241, 100DMA Rs.254 and 50DMA Rs.249. The stocks 52week high is Rs.280.50 above which stock would start to generate enough strength to target Rs 300 & Rs 321.



Source: Anand Rathi Research

Related Stories

    No Related Stories Found

Sensex

Company Price Gain (%)
Hindalco Inds.141.304.40
Tata Motors428.654.24
ICICI Bank1,262.003.25
B H E L181.053.10
St Bk of India2,017.802.96

Poll

Will TCS outperform Infosys in terms of profit growth in Q4?


Online Portfolio

You can create Online Portfolio here using the below button.