LIC HOUSING FINANCE (for 1-2 Quarters)
Stock retraced from its life time high.. currently trading at 651 which is 21% down from the higher levels.
As per Fibonacci levels.. the stock is in reversal zone. since the broader markets are correcting due to weak global cues.. this may see further fall and touch 605 to 542 levels
As a long term investment this can be accumulated in this zone and wait for 1-2 quarters for further growth
some body who is already carrying positions can continue to hold and add more in dips
First Target - 826
Second Target - 962
Third Target - 1180
Stop-loss - 446 (This is highly unlikely but keep this level in mind for exit)
This idea is just for education and analysis purpose only and not for real time investment.. kindly consult your financial adviser before taking investment decision
As per Fibonacci levels.. the stock is in reversal zone. since the broader markets are correcting due to weak global cues.. this may see further fall and touch 605 to 542 levels
As a long term investment this can be accumulated in this zone and wait for 1-2 quarters for further growth
some body who is already carrying positions can continue to hold and add more in dips
First Target - 826
Second Target - 962
Third Target - 1180
Stop-loss - 446 (This is highly unlikely but keep this level in mind for exit)
This idea is just for education and analysis purpose only and not for real time investment.. kindly consult your financial adviser before taking investment decision
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.